Wednesday, 6 December 2023
Trending
Budget 2021 National Assembly
BUDGET

Govt called for the National Assembly session on June 11 to present the budget

The federal government on Friday call for the National Assembly session on June 11 to present the budget for the fiscal year 2021-22.

Adviser to Prime Minister on Parliamentary Affairs Babar Awan and National Assembly Speaker Asad Qaiser held a meeting to decide the schedule of the budget.

The budget will be submitted by Finance Minister Shaukat Tarin after which it will be presented in the Senate for approval.

If you want to become active tax filer or want to get tax, accounting and corporate services in Pakistan then we are here to provide you professional services! Call: 0092-3334875413 | www.globaltaxconsultants.pk

Govt is confident that the Rs8,000 billion budget would float through the lower house of parliament, Qaiser said, “We will be presenting a people-friendly budget.”

The budget for the pension of the government employees estimated at Rs470 billion. It recommends that no new taxes should impose on the salaried class.”

The budget will increase the size of the economy to Rs52,057 billion. It is expected that the economic growth rate will be 4.8 per cent in the upcoming budget, according to budget documents.

See also  FBR Extends Working Hours on December 30-31 for Tax Collections

According to sources, the defence budget expected to more than Rs1,400 billion and tax revenue expected to Rs5,820 billion.

“The next national budget is likely to extend the amnesty period for the construction sector. With the consent of the IMF, the term of the construction amnesty scheme may extend. Under the ordinance, the period may extend for three or six months,” according to media reports.

tax accounting services top tax consultants lahore pakistan
Ads:

Budget | Finance Act 2021 | FBR | Federal Board of Revenue | shaukat Tareen | 11th June 2021 |

Newsletter
Subscribe Now

Sign up for  Daily Digest and get the best of News for you.

[contact-form-7 id="11414" title="Contact form 1"]

Tax.net.pk - Your Tax Experts and Consultants

Welcome to Tax.net.pk

Providing Expert Tax Services for Individuals and Businesses

About Us

At Tax.net.pk, we are dedicated to providing comprehensive tax solutions tailored to meet the needs of individuals and businesses. With years of experience in the industry, our team of tax experts is equipped to handle various tax matters, including tax planning, preparation of tax returns, and compliance.

We strive to stay up-to-date with the latest tax laws and regulations, ensuring that our clients receive accurate and reliable advice. Our commitment to client satisfaction and our in-depth knowledge of the tax landscape make us the trusted choice for all your tax-related needs.

Contact Us

For inquiries or to schedule a consultation, please reach out to us: