Buget of pakistan for the fiscal year of 2013-2014: Federal budget of Pakistan was imposed for the financial year starting from 1 July 2013 and finishing on 30 June 2014. However this budget is not for the poor citizen of Pakistan bout this is the most important for the nest fiscal year of Pakistan.
The Prime Minister Mian Muhammad Nawaz Sharif government has termed the plan as “An Investment and Business Friendly budget.”
The budget paln is pronounced by Finance Minister Ishaq Dar on 12 June 2013 throughout a session of the National Assembly. This is the first Budget introduced throughout the residency of recently chose Prime Minister Nawaz Sharif and his cabinet since the change of government taking after the 2013 general Election.
This new budget has the value of Rs. 3.5 trillion and it is intended to accomplish a 4.4% development rate in the economy through the following monetary year.
This Budget is spicily design to address the nation’s vitality emergency, decrease non-improvement consumption and achieve an extent of new investment approaches of the chose government.
Main Point Of Budget 2013-2014
In spite of the fact that no new property charges were imposed in Federal Budget On the other hand Punjab Budget 2013-2014 forced new taxes on property. Property dealers are obligated to pay an altered rate of expense which diminishes as the maintenance period increments.
Experts says that it won’t hamper the development of the booming property business of Pakistan. The plan likewise allots Rupees 57.4 billion for improvement of different regions in higher training, most astounding ever.
Our next budget for the year of 2014-2015 is based on the success of this budget, and we all hope that our next budget should be design for the poor people of Pakistan government should look forward for the living hood of poor people. Next budget should be economy friendly and, through our upcoming budget our economy will be groom.