Budget 2023-24 Pakistan’s latest news budget 2023-24 in Pakistan salary increase revised pay scale chart pdf download. Pakistan salary increase chart. pay and pension expected salary increase in budget 2023-24 Pakistan latest news.
Salary increase in budget 2023-24 Pakistan’s latest news
The Government of Pakistan, Finance Department would announce the upcoming Budget 2023-24 date was presented in, June 2023. The Government of Punjab, Finance Department announced Budget 2023.
Budget 2023 expectations for Pakistan
This budget plan describes how much employees’ expected salaries and Pensions increase in 2023. The Government makes an upcoming budget according to some policies by which employees’ salaries increase this year.
The government has decided to increase the salaries of Federal employees in the range of 15 percent with a clear-cut purpose to reduce disparity within ministries divisions and departments and introduction of contributory pensions for new recruitments during the budget 2023.
Budget: Decision to increase the salaries of government employees by 15% and to merge all five ad hoc allowances. Includes 100% increase in Convey Allowance.
The Pay and Pension Commission has submitted its report to the Ministry of Finance and The government has taken the decision to grant a raise in salaries of public sector employees with the purpose to reduce disparity. Within the bureaucracy such as public sector employees working in PM and President Secretariat, NAB, FBR, FIA, and the judiciary are getting double salaries but other employees are facing difficulties. The government may grant 15 to 20 percent raise depending on available resources in the coming budget” said the official.
Expected salary increase in the upcoming budget
Everyone who lives in Pakistan and works as a government employee has more expectations with budget 2023 is salaries increase or not?
As we see the country’s current situation getting become worse day by day due to the epidemic coronavirus disease. Now in this situation every person has a question in his mind ‘is this the right time to expect a salary increase? Every government employee is waiting for a huge spike in increasing salary in budget 2023.
How much salary increase in 2023
Government announces that they would increase 35% in salaries and pensions in the upcoming budget:
Islamabad (Newspaper News) declare that rise of 17 1/2% in salaries and pensions of government employees has been recommended in the upcoming annual budget (2023)
According to details: additional RS 142 billion has been already proposed for salaries while the allocation of RS 299 billion and RS 503 billion is being considered for salaries and pensions respectively.
According to sources: It is proposed to increase the salaries of Grade 1 to Grade 22 employees. Also that Grade 21 and Grade 22 of civil and ministry will be increased in ad the last budget because their salaries were not raised before.
At this time there are five Ad Hoc allowances that are government employees already getting.
These are as below;
- Ad Hoc Relief Allowance 2016 (Frozen)
- ARA 2017 (On running basic Pay)
- Ad Hoc Relief Allowance 2018
- ARA 2019 and 2020
The government of Pakistan introduces the Ad Hoc basic pay scale of 2023-24 after that there is no revision. FGE Pay scale chart 2023 24 pdf download
Revised pay scale chart 2023
For more details CLICK HERE:
|Basic Pay Scales of Civil Servants|
|Basic Pay scales|
Now let’s see what say Government employees about their demands. How do the employees want to increase their budget their salary?
People are demanding more increments in salaries:
- Pay scale Revise and Merge free Allowance;
Employees are demanding that in this condition inflation will become more so we should demand from the government to increase our freeze allowance merged into our basic salary and then announce to increase the percentage of salary increase
Government authorities who prepare this budget must include employees’ demands but a certain extent.
Budget Pakistan salary increase the latest news