The preparation of the finances for the following fiscal 12 months by the Punjab authorities has entered the ultimate phases, the scale of the finances of Punjab for the fiscal 12 months 2024-25 is more likely to be 53 trillion 70 billion rupees, whereas no new tax in Punjab and authorities staff. It has been determined to extend the salaries and pension of the Federation.
The preliminary statistics of the brand new monetary 12 months of the Punjab authorities have come to the fore, the finances preparation course of has entered the ultimate phases within the Ministry of Finance, Punjab, and all officers and staff have been suspended till the finances is accredited.
The whole dimension of Punjab’s finances for the brand new fiscal 12 months is more likely to be 53 trillion 70 billion rupees, whereas it’s proposed to allocate 805 billion rupees for the event finances.
Punjab authorities’s resolution to current the finances for the following fiscal 12 months on June 12
In response to the sources, Punjab is more likely to get 3700 billion from the federation underneath NFC, the income goal within the finances will probably be 1 thousand 26 billion rupees.
Within the finances, 595 billion rupees will probably be saved for salaries and 445 billion rupees for pension, service supply prices are estimated at 840 billion rupees.