TFA Consultant

Budget total volume is Rs.2,960 billion

Tax collection estimate for year 2012-13 is Rs.3,234 billion

FBR sets target Rs.2,381 billion as tax collection

Rs.1,459 billion to be transferred to provinces under NFC Award

Budget deficit is likely to remain at Rs.1,185 billion

Provincial Surplus estimated at Rs.80 billion

Rs.70 billion to be allocated for BISP

Rs.10 billion to be allocated for Export Development Fund

10% additional discount at Utility Stores on different commodities for BISP card holders

Govt to set up 2,000 new Utility Stores, 35,000 families to get relief

100,000 youth to get internships, technical training

Bachelor, Master Degree Holders to get 40,000 internships each in public and private sector

20,000 Graduates to be imparted skilled training to fulfil domestic and foreign demand

Govt to pay tuition fee of PhD and Master students belonging to Balochistan, FATA, Gilgit-Baltistan

20% adhoc relief in pay and pension of Federal Government Employees.

Income Tax Exemption Limit enhnaced upto Rs.400,000

Tax on Business Turnover reduced from 1% to 0.5%

Withholding tax ceiling for cash withdrawl from banks enhanced from Rs.25,000 to Rs.50,000

Federal Excise Duty on 10 items abolished

Federal Excise Duty on cement reduced from Rs.750 to 500 per metric ton.

18 raw materials, 9 components being used for text books, stationary exempted from Customs Duty.

Customs duty reduced from 10% to 5% on 88 raw materials of Pharmaceutical Industry

Growth rate remains at 3.7 % as compared to 3.4 % during last two years

Pakistan repay $ 1.2 billion of loans to IMF

Sales Tax rate reduced from 17% to 16%

Current expenditure registers 10% decrease

Total volume of grants reaches 70% of Divisible Pool

Parliament passes 24 laws to empower women during last four years

Inflation reduced to 11%, next year it will be cut down to single digit

Tax Revenues registers 46% increase, tax collection increases from Rs.1327 billion to Rs.1950 billion

Subsidy of Rs.50 billion given on fertilizer

Indistrial growth rate projected to 3.4% this year against 3.1percent last year

Subsidies of Rs.1,250 billion given on electricity sector during last five years

Govt injected 3500 MW of electricity to National Grid

Pakistan to get 2 billion cubic feet of gas from Pak-Iran Gas pipeline, Turkmenistan-Afghanistan-Pakistan India gas pipeline.

500 million cubic feet of LNG will be made available for consumers

Govt gave reilef of Rs.70 billion on petroleum products

National Economic Council approved Annual Development Plan of Rs.873 billion

Federal Government share in Annual Development Plan is Rs.300 billion

200 projects completed under Public Sector Development Programme (PSDP) at a cost of Rs.300 billion.

Govt allocates Rs.360 billion under PSDP for 96 ongoing projects

Rs.69 billion earmarked for Electricity secton, WAPDA, Electric Companies will be given Rs.115 billion

Rs.48 allocated for Water sector, Rs.44 billion for Social Sector

FATA, Gilgit-Baltistan, AJK to get Rs.37 billion

Rs.16 billion allocated for Higher Education

Rs.84 billion allocated for Transport and Communication (Rs.51 billion for NHA, Rs.23 billion for Railways)

Balochistan share incrase upto 9.09% in Divisible Pool

Govt accepted Rs.120 billion as royalty on gas sale from 1954 to 1991 for Balochistan

Federal Government to finance 11500 jobs for Baloch youth

Block Development Allocation enhanced up to Rs.16 billion for Gilgit-Baltistan

Rs.10 billion allocated for mega project in Gilgit-Baltistan

Rs.17 billion allocated in PSDP for FATA

Rs.12 billion for development projects, Rs.16.5 billion allocated for cuerent expenditure for Azad Kashmir besides a loan of Rs.8.5 billion

Remittances by overseas Pakistan touch $ 13 billion mark during last two years

Exports register 28% increase, volume touches $ 25 billion mark