Expected Increase in Pay and Pension in Budget 2018-19

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Expected Increase in Pay and Pension in Budget 2018-19

federal Government of Pakistan is announcing annual fiscal budget tomorrow. The Federal finance minister will submit budget 2018-2019 in the national assembly. Total volume of the budget will be 5500 billion rupees. Total expected tax receiving is estimated at Rs.4433 billions. While development funds will be Rs.1033 billions.

It is expected that Government will again revise the Basic pay scales. In last 5 years Federal Government has Revised Pay Scales three times.

Previous News of salary and Pension in Budget 2018-2019

Increase in Salaries and Pension of Govt employees

Federal Government is working on three options for raising the salaries and pension of public servants.

Increase in Pay and Pension in Budget 2018-19
Increase in Pay and Pension in Budget 2018-19

Option No.1

10% to 15% Increase in Pays

Option No.2

Merging of two previous adhoc allowance in basic pay and then increase in Salary of all employees will be 10%.

Option No.3

Merging of 1 adhic relief alliance and then new adhoc relief allowance of 15%.

Others Increase in Allowances?

Medical allowance

Entertainment allowance

Pension Increase  of the Pensioners

Expected increase will be from 15% to 25%.

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