Budget 2016-17: Government of Pakistan will increase Salaries from 10 to 15 %:
The sources says that The Honourable Prime Minister of Pakistan Mian Muhammad Nawaz Sharif will increase the salaries of the all Government employees. increase the pay 10 % to 15 %. It is expected that Federal Government will allocate the amount of Rs. 360 Billion.
Sources says that presently Government facing Panama leaks issue, therefore, most probably chances are for good increase in salary, as past experience Nawaz League Government not increase good salaries as compare to PPP Government.
In the history first time excellent boom in salary was brought by General (Retd) Pervaiz Musharaf than President and Chief Executive of Pakistan, it was remarkable increase and revised of pay scale after the PPP Government bring good increase in salaries.
In Pakistan much of the people are in Government jobs and in staff level, so their life is dependent on salaries, that’s why they always make hopes in Annual budget of Pakistan for increase in salaries. Annual budget of Pakistan 2016 will be presented in National Assembly in the month of June 2016 and than in province of Pakistan Punjab, Sindh, Balochistan and KPK. Provincial Government increase the salaries of provincial government employees in the light of Federal Government increase salaries. So hope for the best.
Now days inflation is very much high and increasing day to day. Following are the details which is collected through some sources:
Government has decided to introduce New Pay Scale w.e.f. 01-07-2016,
Following are the details:
- 50% adhoc continue to admissible at frozen rate.
- 10% adhoc-2013
- 10% adhoc-2014
- 5% adhoc-2015
- These shall be merged in new pay scale with point to point fixation.
- 10% dearness allowance allowed in New Basic Pay. House Rent Allowance will also be enhanced.
This issue was decided in yesterday special pre-budget cabinet meeting held at PM Secretariat Islamabad.
Expected Pay Scale Revised-2016 Chart:
This information is collected from different sources based on assumptions.