HomeBudgetBudget 2016-17Salient features, highlights of KP budget 2016-17

Salient features, highlights of KP budget 2016-17

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PESHAWAR, June 14 (APP): The main features and highlights of Khyber
Pakthunkhwa budget for fiscal year 2016-17 announced by Provincial Finance Minister Muzaffar Said advocate is explained below.

· The budget’s total outlay is Rs 505 billion.
· The budget is tax free and balanced, carrying Rs161bn development
outlay
· Creation of 36232 new jobs proposed
· Minimum wage for labourers fixed at Rs 14,000
· Salaries, pension of Government employees up by 10 percent.
· Merger of 10 percent interim allowance 2013 and 2014 into the basic
running pay of KP Govt employees announced
· 25 per cent increase in pension of KP Govt employees having more than 85 years age announced
· The rise in salaries, pension and allowance would cost Rs. 14.20
billion to provincial exchequer
· Increase in minimum wage from Rs. 13,000 to 14,000 of the labourers
besides regularization of services of 13200 LHWs announced
· Proposal for appointment of 1088 vaccinators at Union Councils
presented
· 3 years extension in the contractual services of 11000 personnel of
special police force announced
· The miscellaneous allowance of the Qasid, Nabi Qasid and Daftari
increased from Rs. 300 to Rs. 450.
· The employees from BPS 1-15 working after the duty hours to get 50
percent rise in the conveyance allowance
· The washing and Dress allowances of BPS 1-4 increased from 100 to 150 rupees and Rs. 2500 M.Phil allowance announced for provincial employees

· The upper limit of additional charge allowance and deputation allowance
increased from Rs. 6000, to 12,000.
· 50 percent rise under the head of qualification pay for CIMA, ACCA,
SMC, NDC, NMC, ICWA, ICMA, CA and MCMC announced
· Rs 1000 allowance per month for disabled persons
· KP to get Rs 17199m as net hydel profit and Rs, 18704 million as
arrears of net hydel profit
· Rs33 billion allocated for local governments
· Rs600 million for extension in Gomal Zam Dam project earmarked
· Upward revision in taxes including token tax fees, tax ration on luxury
cars being enhanced from Rs5000 to Rs6500 proposed
· The mutation fee is being enhanced from 2 percent to 2.5 percent and
Rs300 fee proposed for non prohibited bore and Rs1500 for prohibited bore weapons.
· Special measures for transgender including their proper registration
and payment of monthly honorarium announced
· A total 1516 development projects would be executed including 1199
ongoing and 255 new ones in next fiscal.
· Rs 111.52 billion allocated for Education allocated, showing an
increase of 15 percent over the out going fiscal
Rs. 38.42 billion for Health earmarked, showing 28 percent increase
over the corresponding year
· Rs. 32.94 billion for police allocated
· Districts Govts and TMAs to get Rs8.66bln each
· Village/neigbourhood councils to get Rs10.91bln
· Rs3.42 billion for irrigation and Rs.1.97 billion for Technical
education and manpower training allocated
· Rs294.22 billion allocated for welfare portion which is 61 per cent of
the total budget
· Rs49.78 billion for administrative budget and Rs. 161 billion for
development program which is 22 per cent of ADP

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