Budget: 2024-2025, EOBI Funds to Increase by 10%, and Subsidies for the Energy Sector

Budget: 2024-2025, EOBI Funds to Increase by 10%, and Subsidies for the Energy Sector

Budget 2024-2025, EOBI Funds to Increase by 10%, and Subsidies for the Energy Sector

The budget for the financial year 2024-2025, will be presented in the parliament on Wednesday. With a volume of Rs.18 000 billion, salaries are to increase 10-15 % for public employees, and a tax collection target of Rs. 12.9 trillion.   A proposal to increase Employee’s old age benefits institution (EOBI) funds by 10% is underway. […]