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Home Business

Govt plans a raise of 15-20% in salaries in the budget

by Web Desk
May 17, 2021
in Business, Finance
Reading Time: 1 min read
0
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Sources confirmed that the government plans to increase salaries of the employees in the coming budget and also hired the services of a private firm for this purpose.

There are several proposals under consideration, including elimination of wide disparity in salaries of employees of various ministries, divisions and departments, introduction of a new system to reduce the government’s pension bill and freezing the basic pay for pensions after completion of 25-year service.

The sources said that the government has hired a private company of international repute, which will operate under the supervision of the Pay and Pension Commission.

However, they added, since the federal budget for the next fiscal year 2021-22 is expected in the first half of the next month, a proposal for temporary relief of 15 to 20% in the salaries of government employees was under consideration.

Tags: budget 2021-22Govt employeesPensionsPM Imran KhanPTI Government
Web Desk

Web Desk

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