Punjab Announces Rs5,335 Billion Budget for the Coming Year

SuchTV  |  Jun 16, 2025

Unveiling the budgetary proposals, the finance minister announced that no new taxes have been levied, making it a tax-free budget.

A major highlight of the budget is the allocation of 1,240 billion rupees for the Annual Development Programme, marking a significant increase of 47.2 percent compared to the current financial year.

The finance minister announced a 10 percent increase in the salaries of Punjab government’s employees from Grade 1 to Grade 22. He also announced an increase in the minimum monthly wage from 37,000 rupees to 40,000 rupees.

He said that a target of 828.145 billion rupees has been set for provincial revenues, including 524.7 billion rupees in tax revenue and 303.4 billion rupees in non-tax revenue.

The Minister further said that the revenue target includes 340 billion rupees for the Punjab Revenue Authority, 9.7 billion rupees for Energy and Transport, 105 billion rupees for the Board of Revenue, and 70 billion rupees for Excise and Taxation.

The Minister said 181 billion rupees has allocated for the health sector, marking a significant investment in improving healthcare infrastructure and services across the province.

The Minister said 336 billion rupees have been allocated for infrastructure development. Earlier, Punjab Cabinet, at its meeting chaired by Chief Minister Punjab Maryam Nawaz Sharif in Lahore, approved the budgetary proposals for the next fiscal year.

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