Friday, April 19, 2024

30% Increase in Salaries from Grade 1 to Grade 16 Planned

According to a report in the Moqar Qaumi newspaper, the government intends to increase the salaries of government employees from grade 1 to grade 16 by 30% and officers from grade 17 to grade 22 by 20%. There is also a plan to increase retired employees’ pensions.

The federal government is expected to increase government employee salaries by up to 30 percent in the form of ad hoc allowances in the next fiscal year’s federal budget, while pensions are expected to increase by 20 percent in medical and conveyance allowances.

The government has also decided to raise the petroleum levy, which will most likely rise from Rs 50 to Rs 55 or Rs 60 per liter.

Mehjabeen Qasim
Mehjabeen Qasimhttps://startuppakistan.com.pk/
Business Journalist at Startup Pakistan

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