The fiscal year budget 2023-24 brings good news for government employees as the federal government has announced a significant salary increase across all Grades.
According to the details, Grades 1 to 16 will witness a 35 percent hike, as ad-hoc allowance, in their salaries, while Grades 17 and above will receive a 30 percent raise. The decision has been approved by the federal cabinet.
In addition to salary increments, the government has also announced a 17.5 percent increase in pensions, giving much-needed relief to retirees during this inflation. The minimum amount of pension has been increased from Rs. 10,000 to Rs. 12,000.
Likewise, EOBI’s pension has been raised from Rs. 8,500 to Rs. 10,000. Moreover, the minimum wage in Islamabad Capital Territory (ICT) has also been increased from Rs. 25,000 to Rs. 32,000.
As per the reports, the finance ministry had prepared three recommendations for salary and pension increases. Under the first recommendation, a 100 percent increase in medical and conveyance allowance and a 10 percent basic pay raise were proposed.
The second one recommended a 25 percent increase in salaries of employees from Grade 1 to 22 and 15 percent raise in pensions.
Meanwhile, the third recommendation proposed a 30 percent increase in salaries of employees from Grade 1 to 16 and a 20 percent increase for Grade 17 and above.
In addition, it also recommended a 50 percent increase in medical and conveyance allowance, along with 20 percent raise in pensions.
Was it really necessary and this much? What about private sector?
Yes it was. Much needed.
لوٹ مار بند کرو بھلے تنخواہ نہ بڑھاو
Kuch maheeny pehly tu tankhwahain deny k paisy nahee thy or ab ye kya tamasha hai?
Oh yes. They are not humans. Govt employees should not be paid. Serve as charity.
Must be some connection with 5th generation war keyboard warriors
Keyboard warriors,! 5th generation war! I’m sure you follow Mr Zahid Hamid. Now be realistic and look at the performance of Govt owned entities wapda, Pakistan post, govt schools, govt hospitals and other institutions and compare them with private sector ones, you’ll get answer.
Private mulzmeen ka kia sirf in haram khor sarkari mulzmeen ko palnay k liy reh gay hain kia apnay tax k peso say.
Private mulzmeen k tax k peso say sarkari haram khoor mulzmeen ko salray detay hain or private mulzmeen Jo in haram zado ko paltay hain in k liy na hi koi incentive na hi salary increase Khuch nahi.
Mehngayi sirf sarkari mulzmeen k liy hay kio k yeh chand ki makhlooq hain or baqi jay jhunum main.
Hadddddd hay na insafiyo ki is mulk main Allah is nizam ko garqq kerday dafan kerday Ameen sumaa Ameen
Es lya Ap key tankha naheen increase hoy. Ap key wording language Galt hay.
Kuch mahene pehle tanhawo k paise nhi thee,aur ye kia thamasha hai ….?
What about retired forces pentions
Nawaz
Very nice budget