Punjab Budget 2022-23 To Be Presented Today.

Provincial minister Awais Leghari will present Punjab's budget for the fiscal year 2022-23 today (Monday) with a total outlay of around Rs 3 trillion.

Punjab Chief Minister Hamza Shehbaz has summoned a special session of his cabinet ahead of the budget. The special meeting of the Punjab cabinet will approve budget proposals for the upcoming fiscal year. The cabinet meeting will also give its nod to the revised budget estimates.

Provincial ministers, advisors, special assistants, chief secretary and concerned secretaries will attend the session.

According to sources, no new tax will be imposed in the budget while existing special concessions and incentives will continue.

It has been proposed to hike government employees' salaries by 15 per cent and pensions by 5 per cent for the next fiscal year, according to budgetary proposals.

Moreover, Rs683.5bn had been...