{"id":66546,"date":"2020-06-12T11:07:55","date_gmt":"2020-06-12T06:07:55","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66546"},"modified":"2020-06-12T11:07:56","modified_gmt":"2020-06-12T06:07:56","slug":"govt-present-budget2020-21-today","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/govt-present-budget2020-21-today.html","title":{"rendered":"Govt to present Budget 2020-21 today"},"content":{"rendered":"\n<p>Islamabad: The government is all set to present the Financial Budget 2020-21 today (Friday) in the National Assembly (NA), a news source reported. According to details, the budget is expected to have an outlay of PKR 7.5 trillion.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/no-new-taxes-introduced-budget-2020-21-hafeez-sheikh.html\" target=\"_blank\" rel=\"noreferrer noopener\">No new taxes to be introduced in Budget 2020-21: Hafeez Sheikh<\/a><\/p>\n\n\n\n<p>As per official sources, the NA session is already underway, during which the Financial Budget 2020-21 will be presented. The sources added that the government has prepared the budget in light of the impact of the COVID-19 pandemic \u2013 focusing on relieving the public\u2019s sufferings and uplifting businesses.<\/p>\n\n\n\n<p>The sources concerned have stated that the Financial Budget 2020-21 would include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>fiscal management<\/li><li>revenue mobilization<\/li><li>economic stabilization &amp; growth measures<\/li><li>social sector development<\/li><li>governance reforms<\/li><li>boosting private sector investment<\/li><\/ul>\n\n\n\n<p>The incumbent government will also focus on reducing non-development expenditures, enhancing exports, job creation, and people-friendly policies for the socioeconomic uplift of the country. Earlier, the government had revealed that it would introduce no new taxes in the budget for Financial Year (FY) 2020-21. However, official sources said that the government plans to introduce measures for improved tax collection, broadening the tax base, and facilitating the taxpayers.<\/p>\n\n\n\n<p><strong>Read<\/strong>: <a href=\"https:\/\/www.zameen.com\/news\/budget-2020-21-ministries-directed-to-send-only-approved-covid-19-response-projects.html\" target=\"_blank\" rel=\"noreferrer noopener\">Budget 2020-21: Ministries directed to send only approved, COVID-19 response projects<\/a><\/p>\n\n\n\n<p>On the other hand, the incumbent government is expected to set a revenue collection target of PKR 5.1 trillion for FY2020-21.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The government is all set to present the Financial Budget 2020-21 today (Friday) in the National Assembly (NA), a news source reported. According to details, the budget is expected to have an outlay of PKR 7.5 trillion. Read: No new taxes to be introduced in Budget 2020-21: Hafeez Sheikh As per official sources, the NA session is already underway, during which the Financial Budget 2020-21 will be presented. The sources added that the government has prepared the budget in light of the impact of the COVID-19 pandemic \u2013 focusing on relieving the public\u2019s sufferings and uplifting businesses. The sources concerned have stated that the Financial Budget 2020-21 would include: fiscal management revenue mobilization economic stabilization &amp; growth measures social sector development governance reforms boosting private sector investment The incumbent government will also focus on reducing non-development expenditures, enhancing exports, job creation, and people-friendly policies for the socioeconomic uplift of the country. Earlier, the government had revealed that it would introduce no new taxes in the budget for Financial Year (FY) 2020-21. However, official sources said that the government plans to introduce measures for improved tax collection, broadening the tax base, and facilitating the taxpayers. Read: Budget 2020-21: Ministries directed&hellip;<\/p>\n","protected":false},"author":68,"featured_media":64102,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015,15017],"tags":[31534],"persona":[],"class_list":{"0":"post-66546","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"category-notices-announcements","9":"tag-details-on-govt-to-present-budget-2020-21-today","10":"cat-15015-id","11":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Govt to present Budget 2020-21 today - Zameen News<\/title>\n<meta name=\"description\" content=\"The government is all set to present the Financial Budget 2020-21 today (Friday) in the National Assembly (NA).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/govt-present-budget2020-21-today.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Govt to present Budget 2020-21 today - Zameen News\" \/>\n<meta property=\"og:description\" content=\"The government is all set to present the Financial Budget 2020-21 today (Friday) in the National Assembly (NA).\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/govt-present-budget2020-21-today.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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