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Thread: GST raised to 17%, Govt employees basic pay increased by 50%

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    GST raised to 17%, Govt employees basic pay increased by 50%



    [sm1:25kqd6ka][/sm1:25kqd6ka]

    The newly appointed Finance Minister Dr. Abdul Hafeez Sheikh presented the budget to the house. The total outlay of the federal budget being announced today Fiscal Year 2010-11 is likely to be Rs 2.764 trillion with current expenditure of Rs 1.975 trillion while the total revenue collection has been estimated at Rs 1.667 trillion translating into a fiscal deficit of 4 percent.
    The major announcements in the budget include increase in basic salary for government employees by 50%, while General Sales Tax (GST) has been raised to 17% from 16%.
    According to sources, Rs 16.8 billion for health sector while an amount of Rs 15.8 billion for higher education and Rs 5.2 billion for education sector has been earmarked in the next budget.




    Realpaki

    Allah Safe Pakistan..

  2. Re: GST raised to 17%, Govt employees basic pay increased by

    Jo Govt Employee Nahi hain wo kia karian ga............

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