AGL37.7▼ -0.12 (0.00%)AIRLINK133▼ -0.23 (0.00%)BOP5.6▼ -0.04 (-0.01%)CNERGY3.8▲ 0.03 (0.01%)DCL8.74▼ -0.12 (-0.01%)DFML40.7▼ -0.24 (-0.01%)DGKC88.55▼ -1.14 (-0.01%)FCCL35.42▲ 0.36 (0.01%)FFBL66.2▼ -0.34 (-0.01%)FFL10.38▲ 0.25 (0.02%)HUBC109▲ 2.44 (0.02%)HUMNL14.45▲ 1.12 (0.08%)KEL4.85▲ 0 (0.00%)KOSM7.12▲ 0.32 (0.05%)MLCF42.5▲ 0.97 (0.02%)NBP59.75▲ 1.1 (0.02%)OGDC184.6▲ 3.96 (0.02%)PAEL25.6▼ -0.02 (0.00%)PIBTL5.93▲ 0.13 (0.02%)PPL148.34▲ 0.57 (0.00%)PRL23.13▼ -0.03 (0.00%)PTC16.57▲ 1.37 (0.09%)SEARL69.76▲ 1.07 (0.02%)TELE7.26▲ 0.03 (0.00%)TOMCL35.7▼ -0.24 (-0.01%)TPLP7.6▲ 0.24 (0.03%)TREET14.23▲ 0.08 (0.01%)TRG51▲ 0.25 (0.00%)UNITY26.5▲ 0.05 (0.00%)WTL1.22▲ 0.01 (0.01%)

Budget 2024-25: Punjab approves 25% increase in salaries of govt employees

Share
Tweet
WhatsApp
Share on Linkedin
[tta_listen_btn]

ISLAMABAD – The Punjab cabinet has approved 25 percent increase in salaries of provincial employees as it is set to unveil the budget for fiscal year 2024-25.

Furthermore, the provincial government has approved 15% increase in pensions of retired government employees.

Punjab Finance Minister Mian Mujtaba Shujaur Rehman will present the budget in the Punjab Assembly later today.

A day earlier, the federal government has proposed 25pc salary increase for public sector employees.

The 25 percent incremenet applies to employees of Grade 1 to 16. Additionally, the government has approved a 22% raise for employees in Grade 17 to 22.

Furthermore, pensioners will get 15 percent hike in Budget 2024-25.

Related Posts