As the federal government expedites the finalization of the 2024-25 budget, significant changes are on the horizon for the public sector workforce. According to reports, the Finance Minister has proposed a substantial 15-20% salary increase, reflecting a broader strategy to enhance compensation across various grades.
(more…)Tag: salary
-
Salaried Persons May Get 15% Raise in 2024-25 Budget
(PkRevenue.com) – Salaried employees in Pakistan may see a salary increase of up to 15 percent in the forthcoming 2024-25 budget, according to official sources. The government is actively considering various proposals to enhance the salaries of public sector employees in the upcoming fiscal year.
(more…) -
Khyber Pakhtunkhwa Proposes 10% Salary Increase
Peshawar, May 24, 2024 – The Khyber Pakhtunkhwa government on Friday announced a significant 10% hike in the salaries of public servants.
(more…) -
FBR Declines to Revise Tax Exemption on Salary Threshold
Islamabad, October 25, 2023 – The Federal Board of Revenue (FBR) has officially declared that it has no intentions to revise the current tax exemption threshold for salaried individuals, putting an end to speculation surrounding potential changes in tax policy.
(more…) -
ABHI Pakistan Empowers Employees through Earned Wage Access
Karachi, August 22, 2023 – ABHI Pakistan, the nation’s pioneering embedded finance platform, is revolutionizing financial empowerment in Pakistan with a suite of innovative financial solutions. These include Earned Wage Access, Invoice Factoring, and Payroll Solutions.
(more…) -
Salary Taxation in Pakistan: FBR Issues Updated Guidelines
Islamabad, August 21, 2023 – The Federal Board of Revenue (FBR) in Pakistan has recently released an updated structure of taxation on salary income, with the new regulations coming into effect on July 1, 2023.
(more…) -
Government Extends 35% Increase in Salary to Corporation Employees
Islamabad, August 3, 2023 – In a significant move, the federal government has extended the 35 percent increase in salary, previously announced for all federal government employees in the budget 2023-24, to employees of autonomous and semi-autonomous bodies as well as corporations.
(more…) -
Government Employees in Pakistan Granted Salary Increase of up to 35%
Islamabad, July 6, 2023 – In a major development, the President of Pakistan has approved a substantial salary increase of up to 35 percent for government employees. The finance ministry issued a notification outlining the details of this salary raise.
(more…) -
Assembly Approves 35% Salary Increase for Government Employees
Islamabad, June 25, 2023: Pakistan’s legislative assembly has given its approval for a significant increase of 35 percent in the salary of government employees for the fiscal year 2023-24.
(more…) -
Finance Division Facilitates Early Salary and Pension Disbursement Ahead of Eid ul Azha
Islamabad, June 21, 2023: The Finance Division has announced the early disbursement of salaries and pensions for the month of June 2023, in anticipation of the upcoming Eid ul Azha celebrations.
(more…)