Total proposed budget outlay for FY 2010-11 is Rs 3259 billion, which is 10.7 percent more than the current financial year.
50 percent ad hoc allowance of running basic salaries to be granted to federal government employees.
Rate of standard GST raised from 16 to 17 percent.
Medical Allowance for employees of Grade-1 to 15 increased by 100 percent. While the raise in medical allowance for employees of Grade-16 to 22 is 15 percent of their basic pay.
Rs 1 FED imposed on manufacturing of each cigarette rod.
Tax revenue is targeted at 1.78 trillion rupees out of which the FBR will collect 1.667 trillion rupees
Non-tax revenue is targeted at 632.2 billion rupees. Revenue from direct taxes is targeted at 657.7 billion rupees and revenue from indirect taxes is targeted at 1.12 trillion rupees.
Development spending or the PSDP is targeted at 663 billion rupees, with 280 billion rupees as the federal component and 373 billion rupees allocated for provinces.
Inflation is targeted at 9.5 percent in 2010/11
The defence budget is set at 442.2 billion rupees, a 17percent increase from last year.
The debt to GDP ratio has climbed to 55 percent
Three dams will be built in 2010-11.
RS685 billion budget deficit, which is 4 percent of GDP.
VAT to be implemented from October 31 2010.
40 billion to be distributed among people from BISP
Baitul Maal to continue functioning with Rs2 million.
Minimum wage raised from Rs6000 to Rs7000.
Rs10 FED imposed on 1 mmbtu gas.
Minimum taxable income for salaried class raised from Rs200,000 to Rs300,000.
Capital Gains Tax of 10 percent being imposed on gains from stocks held for less than 6 months; 7.5 percent on gains from stocks held for 6 months to 1 year and; no tax on capital gains from stocks held for more than a year.
Custom duty reduced on 29 items.
Pension raised by 20 percent for the employees who retired before 2001 and 15 percent for those retired after 2001.
50 percent ad hoc allowance of running basic salaries to be granted to federal government employees.
Rate of standard GST raised from 16 to 17 percent.
Medical Allowance for employees of Grade-1 to 15 increased by 100 percent. While the raise in medical allowance for employees of Grade-16 to 22 is 15 percent of their basic pay.
Rs 1 FED imposed on manufacturing of each cigarette rod.
Tax revenue is targeted at 1.78 trillion rupees out of which the FBR will collect 1.667 trillion rupees
Non-tax revenue is targeted at 632.2 billion rupees. Revenue from direct taxes is targeted at 657.7 billion rupees and revenue from indirect taxes is targeted at 1.12 trillion rupees.
Development spending or the PSDP is targeted at 663 billion rupees, with 280 billion rupees as the federal component and 373 billion rupees allocated for provinces.
Inflation is targeted at 9.5 percent in 2010/11
The defence budget is set at 442.2 billion rupees, a 17percent increase from last year.
The debt to GDP ratio has climbed to 55 percent
Three dams will be built in 2010-11.
RS685 billion budget deficit, which is 4 percent of GDP.
VAT to be implemented from October 31 2010.
40 billion to be distributed among people from BISP
Baitul Maal to continue functioning with Rs2 million.
Minimum wage raised from Rs6000 to Rs7000.
Rs10 FED imposed on 1 mmbtu gas.
Minimum taxable income for salaried class raised from Rs200,000 to Rs300,000.
Capital Gains Tax of 10 percent being imposed on gains from stocks held for less than 6 months; 7.5 percent on gains from stocks held for 6 months to 1 year and; no tax on capital gains from stocks held for more than a year.
Custom duty reduced on 29 items.
Pension raised by 20 percent for the employees who retired before 2001 and 15 percent for those retired after 2001.
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