Home » Breaking News, Pakistan News » Budget 2012-13 Approves by Cabinet

Budget 2012-13 Approves by Cabinet

Pakistan News / Islamabad News : Budget 2012-13 -The Federal Cabinet has granted approval to the proposals for the Federal Budget 2012-13 with a total outlay of Rs3.11 trillion.

Cabinet Approves Budget 2012-13

Chairing the meeting, Prime Minister Syed Yusuf Raza Gilani signed the budget document after it was approved by the Cabinet.


According to sources, a proposal to raise the salaries of government employees by 20 percent was also approved besides increasing the tax exemption ceiling from Rs350,000 to Rs400,000.


Another proposal recommends a hike in prices of cigarettes.


Earlier, Finance Minister Dr. Hafeez Sheikh briefed the participants of the meeting about budget proposals to be presented in the parliament later today.

Like this story?

More News on EPakistanNews.com

Pakistan News update 24 hours, latest breaking news updates in Pakistan, Pak news, Pakistan Urdu columns, latest news pakistan, political news updates, E Pakistan Newspaper, Karachi News, Karachi Updates, Lahore news, Islamabad news, Multan news and more breaking news, E Pakistan News brings Latest Pakistan News, headline news, pk politics, News online, sports, politics news from Pakistan.

Home - Disclaimer - Follow us on Twitter - Like us on Facebook

Copyright © 2010-2015, E Pakistan News, All rights are reserved.
This material may not be published, broadcast, rewritten or redistributed without permission are strongly prohibited.
if you need any further assistance please contact us via email epn@epakistannews.com