Punjab to present over Rs2.4 trillion budget on June 15

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Photo: File LAHORE: Punjab is likely to present over Rs2.4 trillion budget for the fiscal year 2020-21 on June 15 with an annual development outlay of Rs437 billion while reducing the Punjab Sales Tax on Service rate to 5% for the majority of services and increase in salaries and pensions in line with the federal government’s decisions which is expected to provide a 10% ad hoc relief, reported The News.

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