Punjab Minister Colonel Shuja Khanzada (Retd) has said that budget 2007-08 would be poor friendly and tax-free. In the next financial year, Development Program would be increased from Rs 100 billion to Rs 125 billion so that development scheme could be completed well in time, he added.
He was talking to various delegations of workers of Pakistan Muslim League and citizens at his residence here Sunday. The minister said that relief would be provided to the common man and no tax would be levied in the next budget. He said that salaries of government employees would also be increased by 15 to 20 percent in the forthcoming provincial budget.
Shuja Khanzada said that during the current fiscal year record revenue had been recovered due to which Annual Development Plan was being increased. He said that Punjab was leading in foreign investment due to the comprehensive economic policies of Prime Minister Shaukat Aziz and Chief Minister Punjab Chaudhry Pervaiz Elahi.