Friday, December 9, 2022

Sindh CM Murad Ali presents 1.71 trillion rupees tax-free budget

On Tuesday, Sindh Chief Minister Syed Murad Ali Shah, who also holds the portfolio of Finance Minister, presented the budget for the fiscal year 2022-2023 in the Sindh Assembly amidst commotion from the opposition benches. The budget was for the fiscal year 2022-2023.

During his speech before the Sindh Assembly during the budget session, Chief Minister Murad Ali Shah stated that the overall outlay of the budget for the province is anticipated to be 1,714 billion rupees.

“Government has not imposed any new taxes in the provincial budget for FY2022-23, said Murad. He added that the provincial government took steps for social protection and economic stability in the “people-friendly” Sindh budget. “Government has not imposed any new taxes in the provincial budget for FY2022-23.

After that, he continued by saying that the administration had created a budget after consulting with all of the relevant parties.

When he was presenting the budget, he declared that the salaries of government employees would be increased by 15 percent and that their pensions would be increased by 5 percent. According to what he said next, “the government is increasing 33 percent raise in salary of government personnel from grade 1-16.”

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According to Murad Ali Shah, the government has allotted 332 billion rupees for the development initiatives in the provinces, while 15.4 billion rupees have been reserved for social protection.

There will be a science museum in each of Sindh’s divisional headquarters, and they will each receive Rs 27 billion to help fund their construction.

While a total of Rs13.3 billion has been allotted for the transport sector, an increase of 72.77 percent compared to the previous year’s allocation, Rs4 billion has been set aside specifically for the purchase of hybrid diesel-electric buses.

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