Punjab budget to be presented today.

LAHORE -- Punjab Budget for financial year 2020-21 will be presented in the provincial assembly today (Monday).

Provincial Minister for Finance Makhdoom Hashim Jawan Bakhat will present the budget in the session of provincial assembly at a local hotel in Lahore at 2:00 PM today (Monday).

Meanwhile, the spokesperson of the Finance Department in a statement has said that for the first time, the budget proposals have been prepared with the consultation of all stakeholders.

The volume of upcoming Punjab Budget, which will be tax free, is proposed above 2220 billion rupees with allocation of 1780 billions for current expenditure, sources said.

According to budget proposals, the annual development programme of the province will be 337 billion rupees with a proposal to enhance the agriculture income tax rate, sources of a private TV channel said.

Health and education have been treated as priority sectors in budget preparation. The provincial budget proposes allocation of Rs. 125 billions for primary health and Rs. 130 billions for specialized health sector with seven percent increase in allocation.

Moreover, 323 billion rupees allocation has...