ISLAMABAD: The government on Tuesday announced a 10 percent raise in salaries of government employees from BPS 1 – 16, a five percent increase for those in BPS 17-20, besides a 10 percent enhancement in the pensions of civil and military officials.
Minister of State for Revenue, Hammad Azhar in his budget speech at the Parliament House said there would be no raise of salary for officers in BPS 21-22.
He said the Special Conveyance Allowance for the disabled has been doubled to Rs 2000, while the Special Private Secretaries, Private Secretaries and Assistant Private Secretaries working for the Ministers, Ministers of State, Parliamentary Secretaries, Additional and Joint Secretaries got a big raise of 25 percent.
Azhar also announced to raise the minimum wage to Rs 17,500 per month.
Saudi minister says number of MoUs increased from 27 to 34 to add $600 million in investment
Decision will see minimum wage rise to £12.21 per hour from £11.44 in April next year
Market's decline mostly due to profit-taking as the PSX had "risen so sharply" in recent days, says analyst
Policy-based loan to support Islamabad to scale up disaster risk financing using risk-layered approach, says ADB
KSE-100 shares index surged by 1,163 points to hit new intraday high of 91,358.15 points
Expectations of potential rate cut and robust earnings fuelled upward momentum, analysts say