Senate committee on Finance unanimously turned down the arrest powers of the Federal Board of Revenue (FBR).
Economy
Dairy Farmers Association (DFA) Karachi had raised the price of milk from Rs. 110 per litre to Rs. 120 per litre with immediate effect, whereas, the official government rate was Rs. 94 per litre.
• 10pc raise in pay, pension of public servants
• Rs50bn tax relief to continue for businesses, consumers affected by Covid-19
• Tractor trade brought under tax net
Target subsidy system will provide financial assistance to millions of families.
“This is the biggest budget in history of the province,” says Punjab Finance Minister Hashim Jawan Bakht.
The budget was unanimously approved by the Punjab cabinet
The total outlay of the budget is increased by more than 18%.
India is the largest rice exporter in the world, netting $6.8 billion in annual earnings, with Pakistan in the fourth position at $2.2 billion, according to UN figures.
Rs170m proposed for ‘deployment of forces in aid of civil administration.
During the first 10 months of the current fiscal year (10MFY21), LSM grew by 12.84pc.