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The Punjab Finance Department is a department of the Government of Punjab, Pakistan. It is responsible for supervision and control of provincial finances, preparation of provincial budget, formulation of financial rules and management of public debt. [ 1] It is headed by a provincial minister with the coordination of a finance secretary.
2024›. The 2023–24 Punjab, Pakistan budget on 19 June I2023, the interim government of Punjab, led by Chief Minister Mohsin Naqvi, approved a budget of the fiscal year 2023-24 for the first four months (Since there is no elected government, the caretaker government lacks the authority to approve a full-year budget.
The Government of the Punjab (Punjabi, Urdu: حکومت پنجاب) is the provincial government of the Pakistani province of the Punjab. It is based in Lahore , the provincial capital. Its powers and structure are set out in the provisions of the Constitution , in which 41 districts come under its authority and jurisdiction.
Harpal Singh Cheema (born 10 February 1974) is an Aam Aadmi Party MLA from Dirba Assembly constituency located in Sangrur District, Punjab. [3] In March 2022, he became first BobA to be a finance minister of Punjab. [4] He joined the Aam Aadmi Party just before the 2017 Punjab Legislative Assembly election.
Punjab Education Minister Gurmeet Singh Meet Hayer announced that Education Department of Punjab will distribute free uniforms to 15,49,192 government school students of Class 1 to 8 for the current academic session 2022–23. An amount of ₹ 92.95 crore (US$11 million) was released by the department for the purchases. [17]
The Punjab budget 2019–20 is the provincial budget of Punjab, Pakistan for the fiscal year beginning from 1 July 2019 and ending on 30 June 2020. [1] It was presented by Provincial Finance Minister Hashim Jawan Bakht on 14 June 2019 at the Provincial Assembly of the Punjab with a total outlay of ₨. 3.2 tn. [2]
The state has also one of the lowest poverty rates in India at 8 percent in 2012. [58] Punjab has also seen strong economic growth, but since 2005 the state's growth has fallen below India's national average. [58] Punjab's debt was estimated at 39.8% of the state's GDP in 2020, [1] down from 62% of its GDP in 2005.
The Act sets a minimum limit to the wage-material ratio as 60:40. The provision of accredited engineers, worksite facilities and a weekly report on worksites is also mandated by the Act. [ 29 ] The Act sets a minimum limit to the wages, to be paid with gender equality, either on a time-rate basis or on a piece-rate basis.