Government of Pakistan, , Finance Division has issued a Notification on 08-01-2021 in connection with Budget Call Circular 2021-22 and Date of Presentation by Federal Government. You can read details regarding Budget preparation procedures, instructions, and forms. The Budget Calendar for the financial year 2021-2022 is as under:
Budget Calendar / Budget Call Circular 2021-22 and Budget 2021-2022 Presentation Date
I have given here details for the federal Receipts and Current And Development Expenditures (Revenue & Capital). The readers can read the full details here:
Federal Receipts
| S# | Activities | Responsible | Timeline (Last date) |
| 1. | Revised Estimates (2020-21) and Budget Estimates (2020-21) of Federal Government Receipts (Form-I) | PAOs | 15th March 2021 |
| 2. | Budget Proposal relating to Tax & Non-Tax Revenue for inclusion in Finance Bil 2021-22 | PAOs | 15th March 2021 |
Current And Development Expenditures (Revenue & Capital)
| S# | Activities | Responsible | Timeline (Last date) |
| 1. | Submission of Current & Development Expenditure Budget Estimates (Form-II and Form-III) | PAOs | 15th March 2021 |
| 2. | Development of Budget Strategy Paper | Finance Division | 2nd week of March 2021 |
| 3. | Demand Review Committee’s meetings (is required) | Finance Division | 1st week of April 2021 |
| 4. | Submission of Budget Strategy Paper to the Cabinet | Finance Division | 1st week of April 2021 |
| 5. | Issuance of IBCs for current and development budget | Finance Division | 3rd week of April 2021 |
| 6. | APCC & NEC meetings | Planning Division & Finance Division | April 2021 |
| 7. | Submission of BO/NIS Forms for the current budget | PAOs | 26th April to 14th May 2021 |
| 8. | Submission of BO/NIS Forms by Ministries / Divisions for the development budget | PAOs | 10th to 21st May 2021 |
| 9. | Completion of all Budget Documents, Schedules, and Summaries for the Cabinet, etc. | Finance Division | End of May 2021 |
| 10. | Presentation of Budget to the Cabinet and the Parliament | Finance Division | 1st week of June 2021 |
Note: According to various news, the date of announcement of Budget 2021-22 is tentative during the 2nd week of June 2021.
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