LAHORE: Punjab will unveil its budget for the financial year 2025-26 on Monday afternoon (today) as the governor has summoned a session of the Punjab Assembly for the purpose.
In a rare move, the assembly will meet twice on Monday – first at 10am for the ongoing session whose proceedings were adjourned on Friday (June 13) for Monday, and then at 3pm as the budget session for the presentation of annual budget statement for 2025-26.
In the morning session, the house will consider and pass The Punjab Center of Excellence on Countering Violent Extremism Bill 2025, the Punjab Consumer Protection (Amendment) Bill 2025, the Punjab Public Awareness and Dissemination of Information Bill, the Punjab Specialised Medical Institutions Bill 2025, the Boilers and Pressure Vessels (Amendment) Bill 2025, the Punjab Road Safety Authority (Amendment) Bill 2025, and the Punjab Primary and Secondary Healthcare Services Bill 2025.
In the afternoon session, Finance Minister Mujtaba Shuja will present the budget, supplementary budget for the year 2024-25, the Punjab Finance Bill 2025, notification for amendment in rules of Punjab Sales Tax on Services Act 2012, and Medium Term Fiscal Risk Statement for the year 2025-26 to 2027-28.
Minister Shuja says that no new tax will be introduced in the budget, however, recovery of the previously imposed taxes will be ensured.
Published in Dawn, June 16th, 2025