PESHAWAR: Khyber Pakhtunkhwa (KP) Finance Minister Taimur Khan Jhagra unveiled on Friday the provincial budget 2021-22 with a total outlay of Rs1.118 trillion.
Taking to Twitter after presenting the budget in the provincial legislature, Jhagra said: “Pakhtunkhwa has fulfilled its promise with the Government employees; a record increase of more than 37% in pay and allowances, while also providing a handsome housing allowance in line with @ImranKhanPTI vision of housing for all.”
Budget 2021-22
Pakhtunkhwa has fulfilled its promise with the Government employees; a record increase of more than 37% in pay and allowances, while also providing a handsome housing allowance in line with @ImranKhanPTI vision of housing for all.#ResurgentPakhtunkhwa pic.twitter.com/DBc7yVPNU6
— Taimur Khan Jhagra (@Jhagra) June 18, 2021
According to the budgetary document, all government employees will get 10% ad-hoc relief allowance, 20% increase in functional or sectoral allowance (for those who are not drawing any special allowance), and 75 minimum increase in housing allowance.
The KP CM’s special assistant on information tweeted: “A moment of pride for Khyber Pakhtunkhwa to come up with its 1st ever budget to cross the trillion rupee threshold. Budget for 2021-22 comes as development-focused budget with an increase in development funds reaching 371B pkr.”
He said major tax reliefs have been announced in the budget 2021-22, including 0% agriculture land tax and professional tax beside high rebates and amnesty schemes for tax-payers.
Taxes Diminished in KP Budget 2021-22
-Major tax reliefs in 2021-22 include 0% agriculture land tax & professional tax
-High rebates & amnesty schemes announced for tax payers engaging Urban Immovable Property Tax (UIPT)#ResurgentPakhtunkhwa— Kamran Bangash 🇵🇰 (@kamrankbangash) June 18, 2021
