Budget 202014 the budget 2014 has the following salient features. Karachi breaking news monday, june 17th, 20 pakistan muslim league nawaz pmln is presenting its provincial assembly budget today in punjab assembly. No revision in tax slabs, tax credit of rs 2000 for income upto rs 5 lakh. The vision provides a comprehensive road map to harness the resources by creating synergy between the federal and sindh government. The problem is compounded further when the number and percentiles of out of school children are analysed. Alif ailaans analysis of the 2014 budget for education. Punjab budget 2014, govt employees salary and pension. The senate recommends to the national assembly that sub clause 3 of clause 2 of the finance bill, 20 substituted as under. The provincial budget was presented by chief minister qaim ali shah who listed. The sindh government has increased its education budget by 17 percent from the last fiscal year and the total funds available for 2014 in this most important of sectors are. Historical budget documents are available for reference purposes. Oicci taxation proposals 2015 16 sindh provincial levies 3 p a g e introduction at the very outset the overseas investors chamber of commerce and industry oicci records its commendation to the sindh revenue board, srb, for the reduction of 1% in the rate of sales tax on services, from 16% to 15%, in the sindh.
The sindh assembly on monday presented its provincial budget for year 2014, express news reported. Rs 52 billion will be spent on maintaining law and order. Sindh revenue board will try to achieve the target of rs. Despite spending slightly over 2% of its national budget on education, pakistan could not increase its literacy rate in 2014 that dropped instead to 58% because of poor showing by the sindh and balochistan governments, an official survey finds. The sindh assembly on monday presented a deficit provincial budget for year 2014, express news reported. The net revenue receipts for 2014 have been estimated at rs 1,918 billion indicating an increase of 7. The government of sindh stands committed to universalise education under the sindh right of children to free and compulsory education act, 20. This contrasts with other provinces, like punjab and khyber. Punjab, sindh health budget share in both the budgets provincial and districts have shown a linear increasing trend. Sindh revenue board government of sindh generating revenue for people srbs contribution in provincial taxes rs in million srbs share is 46% of sindhs total taxes of rs 107 billion 201415 2014 2012 total provincial tax receipts 125,000 120,000 100,712 sales tax srb 49,000 42,000 32,000 % age of total 39% 35% 32%. The pakistan education statistics 202014 report says that 6. Viewing of documents below requires adober reader which can be downloaded at in case you have problem showing all the. The provincial budget was presented by chief minister qaim ali shah who listed energy crisis, job creation and education as top priorities for the government. Government budget is a contemplative reflection of its policy.
This post discusses the economic survey of pakistan 2014. The railway budget for 2014 was presented by mr pawan kumar bansal, union minister for railways on february 26, 20. Paslegisb0420the sindh local government bill, 20 having been passed by the provincial assembly of sindh on 19th august, 20 and assented to by the governor of sindh on 26th august, 20 is hereby published as an act of the legislature of sindh. Sindh budget 201415 free ebook download as pdf file. Please note that due to the age of these documents they may not meet current web publishing requirements and may not be compatible with some software. The total outlay of budget 2014 is rs 3,985 billion. It is important to mention here that sindh revenue board has achieved this milestone despite reduction of 1% sales tax on services rate from 16% to 15%, allowing an input adjustment of 17% federal sales tax on goods, higherincreased rate of tax against input of petroleum products and just utilizing onethird of its expenditure budget. In pursuance of services, general administration and coordination deparments notification. With rs2b, education gets lions share posted on june 18, 20 by meraart karachi. The federal budget 2014 was the federal budget of pakistan for the fiscal year beginning. Sindh education budget 202014 pakistan education news. In terms of the ratio of currenttodevelopment spending, sindh has the most.
It is designed to provide, in a very concise way, essential information on revenues and expenditures budgeted for financial year 2014 in juxtaposition with budget estimates and revised estimates for the outgoing financial year 2012. The budget in brief presents a summary of the federal budget 2014. Sindh budget 201920 pdf pakistan download available here. Khyber pakhtunkhwa health allocation has increased by 142% since 200809. However, volume of resources increased to rs 3,681 billion or by 22. Sindh vision 2025 specifies comprehensive development agenda and lays down synchronized and integrated development strategy for inclusive and participatory economic growth which provides equal opportunities to all. Economic survey of pakistan is a document issued by the finance division of government of pakistan. Pakistan federal kp punjab sindh balochistan education budget % gdp allocation 2012 2014 8. Literacy rate slips nationwide by 2% by our correspondent published. Abs annual budget statement adp annual development programme white paper. It emphasizes the findings and conclusions that have been compiled from various monitoring. This section contains information on the railway budget 2014 and union budget 2014. The federal budget 2014 was the federal budget of pakistan for the fiscal year beginning from 1 july 20 and ending on 30 june 2014.
It is issued every year before the approval of budget for the next fiscal year. Education budget increased by 6pc karachi, june 18. Gender disparity in education in sindh irc pakistan. Sindh for reposing confidence in pakistan peoples party and its leadership. It is expected that government servants will get 10 percent increase in their pays. Dtc proposals to raise rs,300 crore, indirect tax to fetch rs 4700 crore. Punjab budget 2014, govt employees salary and pension increase 10% expected. Kaiser bengali, government of sindh, the political nature of the budget. The report budget analysis from a child rights perspective. The total outlay of budget 2014 was rs 3,985 billion. India budget 202014 highlights key features of budget 202014. This is the first federal budget presented during the tenure of newly elected prime minister nawaz sharif and his cabinet since the change of.
More new taxes will be imposed in this budget 2014. Indian union budget 2014 date, indian general budget. Analysis of sindh education budget for fy 2014 and 201415 b. The sindh government also urged the federal government to begin deliberations on constituting a longawaited the. Budget analysis from a child rights perspective 201011 to. The federal budget is being finished for the financial year 2014. Implementing sindh right to free and compulsory education act 20 4. For the upcoming fiscal year 2014 it will increase to rs. Some key highlights of the railway budget 2014 are as follows. Pakistan federal budget 201415 pdf the public, especially government employees, seemed depressed after listening to the speech of federal minister finance, muhammad ishaq dar in which he. The sindh based apta association appealed to the pmln to reconsider the budget policy to fixing. With the announcement of the budget for the new fiscal year, it seems as if the provincial governments top priorities are clear.
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