GB govt presents tax free budget for financial year 2020-21

Special Correspondent

 

GILGIT: Gilgit Baltistan  tax free budget for the financial year 2020-21  has been presented with a total outlay of Rs. 68,766.957 millions in GB Assembly on Friday. In the absence of minister for finance Gilgit-Baltistan Muhammad Akbar Taban due to demise of his wife, Minister for law and Parliamentary Affairs  Aurangzeb presented the budget. In the budget Rs. 35,966.957 million has been allocated for non-development and Rs.15, 000.000 million for development projects.

Rs.1335.2906 million for education which is 11.7% of total development budget. Rs.875.9363 has been allocated for health(7.7% of total development budget), Rs. 110.4 million, for tourism, sports and culture development,  Rs.531.155 million has been allocated for rural and urban development, Rs.68.2407 for irrigation, Rs.564.7211 for physical planning and housing and Rs. 2204.7942 million has been allocated for transport and communication. Similarly, for excise and taxation Rs.110.7 millions , for law and prosecution 100.67 millions ,for information department Rs.20.19 millions, for services, administration and cabinet department Rs.30.1 millions, for works department Rs. 2.83 billions has been allocated.

For power sector RS. 3.56 billions and for Social Welfare department Rs.6. 65 millions has been allocated.

Rs.870 millions has been allocated for LG and RD.Rs. Natural Resource Management 420.27 millions, for Agriculture and fisheries  Rs.110.94 millions, for Forest, wildlife and environment Rs.90.86 millions, for mineral and industry Rs. 60.25 millions, for food Rs.30.16 million, and for Gilgit and Skardu development Authorities Rs.50.55 millions has been allocated.

Rs.10 billions for PSDP development schemes, Rs.6 billions for food subsidy and Rs.1,800.00 millions has been allocated for sale proceeds on wheat. Earlier, the Gilgit Baltistan cabinet headed by Chief Minister Hafeez-ur-Rehman formally approved the budget proposals. Group Insurance policy has been introduced in place of reimbursement for Employees. For district Gilgit, which is the capital of GB an amount of  8.16%  of total development budget ,for district Diamer 3.15%,for district Skardu 8.14%, for district Ghezer 7.13%,for district Ghanchy 1.10%, for district Astore 1.8%,for district  Nagar 9.5%,for district Hunza 5.5%,for district Shigar 9.4%, and for district Khurmang 8.4  % of total development budget has been allocated. From grade 1 to 16 15% ad-hoc relief allowance on basic pay while from 17 and above 10% ad-hoc relief allowance on basic pay has been proposed.Gilgit baltistan the  budget  session chair by Deputy Speaker Jafarullah Khan .