Tuesday, June 15, 2021
HomeNationalSindh cabinet meeting convened, budget proposals approved - IG News

Sindh cabinet meeting convened, budget proposals approved – IG News

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Karachi: A meeting of Sindh Cabinet has been convened on June 15 in which budget proposals will be approved.

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According to ARY News, Sindh Cabinet will approve the recommendations regarding increase in salaries and pensions in the meeting. Details of Sindh tax target and rate will be presented in Sindh Cabinet.

Sources said that the charter of University of Mirpur Khas will also be presented in the Sindh cabinet.

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It should be noted that the Sindh government will present the budget for the next financial year on June 15. The Sindh budget will be presented by Chief Minister Murad Ali Shah as the Finance Minister in the Sindh Assembly. The volume of the budget will be more than Rs 12 trillion.

The Sindh Finance Minister will present the budget in the Assembly House on June 15 at 3 pm. The post-budget press conference will be held on June 16 in the Sindh Assembly Auditorium.

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According to sources, the budget is likely to increase the salaries and pensions of government employees by 10 to 15 percent.

In addition, the budget has decided to increase the group insurance for employees of grades one to four from Rs 300,000 to Rs 375,000.

Group insurance for Grade 5 to 10 employees is being increased from 350,000 to 437,500.

It has been decided to increase the group insurance of Grade 19 employees from 2.1 million to 2.625 million and the group insurance of Grade 20 employees from 2.5 million to 3.125 million.

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