The Punjab government on Tuesday introduced the Punjab Finance Bill 2026 in the provincial assembly, proposing a series of tax reforms, higher agricultural and motor vehicle taxes, stricter compliance measures and expanded powers for tax authorities.
Sindh Chief Minister Syed Murad Ali Shah said on Saturday that despite the fact that the provincial government had to announce the budget in difficult circumstances, still it was committed to meeting the targets it had set in it for the next financial year (FY) 2024-25, reported 24NewsHD TV channel.
Opposition Leader in Sindh Assembly Ali Khurshidi while expressing reservations on the provincial budget 2024-25, said that Sindh government refused to adopt the suggestions of the opposition which was undemocratic, reported 24NewsHD TV channel.
Senate has witnessed mixed reaction on the federal budget as the treasury benches termed it pro-people and relief-orientated while the opposition called for reviewing increase in tax on salaried class besides giving more relief to the masses.
The Sindh government has outraced Centre and other provinces by planning to increase the salaries of its employees by up to 30 percent, reported 24NewsHD TV channel.
Senior Punjab Minister Marriyum Aurangzeb and Finance Minister Mujtaba Shuja ur Rehman hinted at making tough decisions to stabilize the economy, asserting that their government is working tirelessly day and night in the province.
All Pakistan Textile Mills Association (APTMA) while expressing reservations on the federal budget, said that the cruel budget will destroy the sector, reported 24NewsHD TV channel.