Punjab Assembly Passes Tax-Free Budget Worth Rs5.33tr for Fiscal Year 2025-26

Strategic Insights -

The Punjab Assembly has approved a tax-free budget worth Rs5.33tr for the fiscal year 2025-26 with a majority vote. The budget, presented by Finance Minister Mujtaba Shujaur Rehman, focuses on development, with 18 new projects allocated funds across various sectors. The budget does not impose any new taxes and maintains the existing tax structure. A total of 41 demands for grants totaling over Rs4,31bn for various departments were approved.

Key Takeaways:

  • The Punjab Assembly has passed a tax-free budget worth Rs5.33tr for the fiscal year 2025-26.
  • The budget focuses on development, with 18 new projects allocated funds across various sectors.
  • No new taxes have been imposed in the budget, and the existing tax structure remains unchanged.
  • A total of 41 demands for grants totaling over Rs4,31bn for various departments were approved.
  • The budget allocates over Rs120bn for the construction of roads and bridges.
  • Over Rs462bn have been set aside for pensioners, while around Rs258bn will be spent on health facilities.
  • Around Rs137bn has been earmarked for the education system.
  • The police department has been given Rs200bn to maintain law and order.
  • More than Rs27bn will be spent on jail administration, and Rs1bn on civil defence services.
  • At least Rs26bn have been apportioned for the welfare of farmers, while over Rs66bn have been earmarked for agricultural loans.
  • An amount of Rs37.96bn has been allocated for irrigation projects and Rs18.22bn for industrial development.

Statistics:

  • Rs5.33tr: The total value of the tax-free budget for the fiscal year 2025-26.
  • Rupees 4,31bn: The total amount of 41 approved demands for grants for various departments.
  • Rupees 120bn: The amount allocated for the construction of roads and bridges.
  • Rupees 462bn: The amount set aside for pensioners.
  • Rupees 258bn: The amount to be spent on health facilities.
  • Rupees 137bn: The amount earmarked for the education system.
  • Rupees 200bn: The amount allocated for the police department to maintain law and order.
  • Rupees 27bn: The amount to be spent on jail administration.
  • Rupees 1bn: The amount allocated for civil defence services.
  • Rupees 26bn: The amount apportioned for the welfare of farmers.
  • Rupees 66bn: The amount earmarked for agricultural loans.

Sources:

  • "Punjab Assembly Passes Tax-Free Budget Worth Rs5.33tr for Fiscal Year 2025-26". Dawn News, 2025-06-17.
  • "Punjab Assembly Approves Budget for 2025-26". Pakistan Today, 2025-06-17.