Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Salaries, pensions increased by 10%

byCT Report
04/06/2016
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The federal government has announced 10 per cent hike in the pay and pension of federal employees.

Finance Minister Ishaq Dar, in his budget speech, said that all the federal government employees would be given 10 per cent increase on the running basic from July 1, while the ad hoc increases made in the salaries in 2013 and 2014 were merged in the pay scale.

You might also like

Business leaders seek greater relief for salaried class in budget 2026-27

13/06/2026

Canadian delegation visits UAF

12/06/2026

The pensioners will get 10 per cent increase in their net pensions from July 1, while the pensioners above the age of 85 years will be given an increase of 20 per cent, according to the decision.

Similarly for the benefit of labour class, the minimum wage has been increased to Rs14,000 from prevalent Rs13,000.

The federal government has also upgraded the pay scales with lower division clerk initial pay scale is upgraded to basic pay scale 9 from 7, upper division clerk in BPS 11 to 9, while assistants initial BPS lifted to BPS 16 to BPS 14.

The employees serving in Grade 1 to 15 will get 50 per cent increase in their travelling allowance while the MPhil allowance will be enhanced to Rs2500. Similarly additional charge and deputation allowances would be enhanced from Rs6,000 to Rs12,000.

Related Stories

Business leaders seek greater relief for salaried class in budget 2026-27

byCT Report
13/06/2026

ISLAMABAD: Leading business representatives have expressed mixed reactions to the federal budget, arguing that the salaried class deserved greater relief...

Canadian delegation visits UAF

byCT Report
12/06/2026

FAISALABAD: A three-member delegation from the Canadian High Commission, Islamabad, visited University of Agriculture Faisalabad (UAF) to discuss the area...

Pakistan eyes $25m annual buffalo genetics exports to China

byCT Report
11/06/2026

ISLAMABAD: Pakistan has signed a Material Transfer Agreement (MTA) with China's Royal Group to export buffalo genetic material, opening a...

FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

byCT Report
10/06/2026

KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...

Next Post

Vietnam's fruit, veg exports reach $1 bln

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.