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Fiscal Budget 2023 Key points | Most Repeated Budget-Related MCQs in PPSC, FPSC, SPSC, NTS Exams

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Dive into the depths of Pakistan's Fiscal Budget 2023-24 with us! In this comprehensive video, we explore the key highlights and crucial MCQs frequently asked in PPSC, FPSC, SPSC, and NTS exams. From the total outlay to defense expenditure, tax collection targets to sector allocations, we've got you covered. Equip yourself with the essential knowledge to ace your upcoming exams and gain a solid understanding of the budgetary landscape. Don't miss out on this valuable resource for exam preparation!

Key Points:

Total outlay of the federal budget: Rs14.46 trillion.
Defense expenditure budgeted at: Rs1,804 billion.
Tax collection target for the Federal Board of Revenue (FBR): Rs9,200 billion.
Proposed allocations for healthcare sector: Rs24.21 billion.
Proposed allocations for education sector: Rs97.098 billion.
Minimum wage raised to: Rs32,000.
Minimum pension increased to: Rs12,000.
Initiatives outlined in the 5Es framework: Exports, e-Pakistan, Environment, Energy & Infrastructure, and Equity & Empowerment.
IMF condition for bailout loan program: Commitments to cover the financing gap of $6 billion.
Projected fiscal deficit: 6.5% of GDP.
Changes in taxes, exemptions, and rates.
Allocation of subsidies and sectors affected.
Proposed tax rates and super tax for specific entities.
Focus on agriculture sector.
Inflation target: 21%.

Join us on this insightful journey through the Fiscal Budget 2023-24 and equip yourself with the knowledge needed to excel in PPSC, FPSC, SPSC, and NTS exams. Get ready to master the most repeated budget-related MCQs and boost your exam preparation to new heights!

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