Advertisement

PTI provides relief to people in federal budget with no tariffs: FM Qureshi

Shah Mehmood Qureshi
Advertisement

Foreign Minister Shah Mahmood Qureshi said the Pakistan Tehreek-e-Insaf  (PTI) government provided all possible relief to people in the federal budget by cutting taxes, duties, and tariff

In a video message on Saturday, he said that the hallmark of next year’s budget includes no new taxes, duties, and tariffs.

“Our effort is to improve the tax collection system by bringing reforms in the FBR,” said Shah Mehmood Qureshi. He also added that the government was trying to generate economic activity in the country by creating opportunities for people in the agriculture and construction sectors.

He said ample resources have been allocated in the federal budget for the agriculture and construction of water reservoirs. “Rs10 billion have been earmarked to cope with the challenge posed by locusts.”

Shah Mahmood Qureshi said despite the nefarious designs of India, we have not increased the defence budget.

Advertisement

“Armed forces have extended full cooperation to us keeping in view the current economic situation.”

Earlier, Special Assistant on Poverty Alleviation and Social Safety to the Prime Minister Sania Nishtar said that Rs 208 billion has been earmarked in the budget for the Ehsaas program.

She further stated that there are many programs running under Ehsaas Division and many new programs are being launched, including Ehsaas Nashonuma program.

Dr Sania Nishtar said the funds allocated for social protection are being utilized for deserving persons.

She said last year, 100 billion rupees were fixed for social protection, while an amount of 144 billion rupees was provided under Ehsaas Emergency Cash programs. 120 billion rupees were disbursed among poor families.

Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Live News.


Advertisement
End of Story
BOL Stories of the day
Major reason behind soaring Tomato prices revealed
Prime Minister reviews progress on energy sector reforms
NADRA announces hundreds of new jobs across Sindh
CM Maryam Nawaz distributes flood cards among Okara families
Pakistan, Afghanistan agree on urgent need to eliminate terrorism: Khawaja Asif
SC questions constitutionality of 26th amendment: Heated exchanges mark proceedings
Next Article
Exit mobile version