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Salient features of KP Budget

Dunya News

Salient features of the Khyber Pakhtunkhwa Budget 2011-12.

1: Tax reduced from 4 percent to 2 percent on purchase and sale of property.2: Imposition of tax on medical colleges proposed.3: Vehicles’ registration fee increased.4: Rs 13.12 billion allocated for health and education.5: Rs 16 billion allocated for pensions and insurance.6: Rs 2.23 million allocated for irrigation.7: No increase in agri income tax and land revenue tax.8: 6992 jobs to be created in the province.9: Rs 2.9 billion would be spent on creation of new jobs.10: Rs 18.81 allocated for police.11: 150 middle schools would be upgraded as high schools.12: 120 primary schools would be upgraded as middle schools.13: Rs 149.52 million to be generated from central taxes.14: Rs 250 million allocated for food subsidy.15: Professional tax imposed on high income medical and business colleges.16: Shuhda allowance for grade 17 employees increased from Rs 1 million to Rs 9 million.17: Rs 1.23 billion allocated for technical education.18: 80 orphans would be provided free residence and education.19: Projects would be initiated to construct 548 kilometers of roads and 118 bridges.20: work on construction of 13 hydel power projects would be initiated.21: Rs 1.32 billion allocated for energy projects.22: 16 projects would be completed in flood-affected areas.