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Budget 2012-13 Hot News
ISLAMABAD: The national defence budget has been increased by around 10 percent to Rs 545 billion for the fiscal year 2012-13.- Income Tax Exemption Limit Raised by Rs.50,000
- PSDP of Rs.873 Billion Proposed
- Rs2.96trn Election Budget Presented Amid Ruckus
- Rs 545 billion allocated for Defence
- BUDGET AT A GLANCE
- Budget Speech 2012-13
- Income tax slab likely to be reduced to six from 10
- Salaries increase 40% Revised Pay Scales 2012
According to budgetary documents, an increase of Rs 35.207 billion has been made in the defence budget over the revised estimates of Rs 510.179 billion during the year 2010-11.
During 2011-12 budget, an allocation of Rs 495.215 billion was made for defence but the expenditure went up to Rs 510.179 billion, an increase of about Rs 15 billion for the defence sector.
Source: http://www.thenews.com.pk/GeoEventDetail.aspx?ID=52239