Three Salary Increase Packages in Budget 2023-2024

Three Salary Increase Packages in Budget 2023-2024

According to a report in the Daily Dunya newspaper dated 04-06-2023, there are three enticing salary packages for employees in the BPS-01 through BPS-22 budget proposals for 2023–24. According to the news, the budget for 2023–2024 may increase employee salaries by 20%, 30%, or even 50%. Additionally, Pakistani government employees may receive a raise in their Conveyance Allowance (CA) and Medical Allowance at 100% of their current CA and MA. Additionally, they can receive an increase in HRA and a higher rental ceiling for housing. Pensioners may receive a 20% increase to their current pension.

According to the news, the finance minister is trying to create a budget and properly allocate funds to departments as needed. The country’s financial situation and the strain of inflation will be taken into consideration when allocating funds. The cabinet also recommends raising the 20% pension for all retired public employees. The elderly also require assistance.

All members of the most recent cabinet meeting proposed raising all Adhoc relief allowances for government employees. All members advocate raising the allowances for all grades of officers. On June 9th, 2023, the final permission will be revealed.

News of Budget 2023

The cabinet convened a meeting to consider the budget for 2023 in response to requests and demands from all government employees. Various recommendations for raising salaries and benefits were made. All government employees will receive increases of 20%, 30%, and 50% under the final proposal, while pensioners will receive increases of 20%.

Types of Adhoc Allowances

The cabinet suggests an increase in the following Adhoc allowances:

  1. Hiring Allowance
  2. Adhoc Allowance
  3. Medical Allowance
  4. Traveling/Conveyance Allowance

Proposed Rates of Hiring

Sr.NoGradeExisting Rate of Hiring AllowanceProposed Rate
1.BPS-01 to BPS-02Rs.6,991Rs.13,182
2.BPS-03 to BPS-06Rs.9,654Rs.18,672
3.BPS-07 to BPS-10Rs.14,982Rs.29,365
4.BPS-11 to BPS-13Rs.21,462Rs.42,924
5.BPS-14 to BPS-16Rs.27,134Rs.54,260
6.BPS-17 to BPS-18Rs.35,896Rs.71,996

The Ministry is presently drafting the budget while taking the nation’s financial situation into consideration. Additionally, they have extended working hours in an effort to balance employee and pensioner needs. All government employees who are experiencing the effects of inflation are being helped.

Three Salary Increase Packages in Budget 2023-2024

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