{"id":66565,"date":"2020-06-12T15:39:55","date_gmt":"2020-06-12T10:39:55","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=66565"},"modified":"2020-06-12T15:43:27","modified_gmt":"2020-06-12T10:43:27","slug":"punjab-govt-to-present-pkr-201bn-surplus-budget","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/punjab-govt-to-present-pkr-201bn-surplus-budget.html","title":{"rendered":"Punjab govt to present PKR 201bn surplus budget"},"content":{"rendered":"\n<p>Lahore: The Punjab government is planning to present a surplus budget worth PKR 201 billion for the financial year (FY) 2020-21 (June 12), according to a news source. This budget proposal predicts an income of PKR 2.38 trillion, with an expenditure of PKR 2.179 trillion. It also features an Annual Development Programme (ADP) worth PKR 322.8 billion.<\/p>\n\n\n\n<p>Read: <a href=\"https:\/\/www.zameen.com\/news\/govt-to-announce-relief-budget-for-fy2020-21-hafeez-shaikh.html\" target=\"_blank\" rel=\"noreferrer noopener\">Govt to announce \u2018relief budget\u2019 for FY2020-21: Hafeez Shaikh<\/a><\/p>\n\n\n\n<p>These budget proposals will allow the provincial government to spend PKR 1,856.2 billion during the next fiscal year \u2014 8% higher than the previous year\u2019s PKR 1,717.6 billion expenditure. It has estimated PKR 334 billion under the head of expenditure A\/c-II Food, PKR 94.6 billion for current capital expenditure, and PKR 1,427.6 billion for current expenditure.<\/p>\n\n\n\n<p>Apart from this, the government is expecting a PKR 322.8 billion ADP against the current year\u2019s PKR 350 billion. The PKR 1.784 trillion general revenue it expects includes PKR 1.466 trillion from the divisible pool, and PKR 318.3 billion from the tax receipts, as well as PKR 88 billion from non-tax receipts.<\/p>\n\n\n\n<p>Read:<a href=\"https:\/\/www.zameen.com\/news\/budget-2020-21-revenue-collection-target-set-pkr-4-95-tr-expenditures-remain-frozen.html\" target=\"_blank\" rel=\"noreferrer noopener\"> Budget 2020-21: Revenue collection target set for PKR 4.95 tr; expenditures to remain frozen<\/a><\/p>\n\n\n\n<p>The government has also estimated PKR 42.7 billion from current capital receipts, PKR 89.3 billion from foreign project assistance, PKR 30 billion from the Public Sector Development Programme (PSDP), and PKR 334 billion from the Receipt A\/c-II Food.<\/p>\n\n\n\n<p>The Board of Revenue will also collect an estimated PKR 65 billion, while excise and taxation will have a collection target of PKR 32 billion.<\/p>\n\n\n\n<p>These surplus<a href=\"https:\/\/www.zameen.com\/news\/rawal-chowk-extension-other-projects-next-budget-cda-chairman.html\" target=\"_blank\" rel=\"noreferrer noopener\"> budget<\/a> proposals, along with many other details, will be reviewed by the resource mobilization committee that will be chaired by Chief Minister Usman Buzdar.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Lahore: The Punjab government is planning to present a surplus budget worth PKR 201 billion for the financial year (FY) 2020-21 (June 12), according to a news source. This budget proposal predicts an income of PKR 2.38 trillion, with an expenditure of PKR 2.179 trillion. It also features an Annual Development Programme (ADP) worth PKR 322.8 billion. Read: Govt to announce \u2018relief budget\u2019 for FY2020-21: Hafeez Shaikh These budget proposals will allow the provincial government to spend PKR 1,856.2 billion during the next fiscal year \u2014 8% higher than the previous year\u2019s PKR 1,717.6 billion expenditure. It has estimated PKR 334 billion under the head of expenditure A\/c-II Food, PKR 94.6 billion for current capital expenditure, and PKR 1,427.6 billion for current expenditure. Apart from this, the government is expecting a PKR 322.8 billion ADP against the current year\u2019s PKR 350 billion. The PKR 1.784 trillion general revenue it expects includes PKR 1.466 trillion from the divisible pool, and PKR 318.3 billion from the tax receipts, as well as PKR 88 billion from non-tax receipts. Read: Budget 2020-21: Revenue collection target set for PKR 4.95 tr; expenditures to remain frozen The government has also estimated PKR 42.7 billion from current&hellip;<\/p>\n","protected":false},"author":58,"featured_media":60311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15017],"tags":[28356,3237],"persona":[],"class_list":{"0":"post-66565","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-notices-announcements","8":"tag-budget-2020-21","9":"tag-punjab-government","10":"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>Punjab govt plans PKR 201bn surplus budget - Zameen News<\/title>\n<meta name=\"description\" content=\"The Punjab government is planning to present a budget proposal with a surplus of PKR 201 billion expected. 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