May 08

Budget 2014-15 Employees Pay and Pension Increase 12-20%

Budget 2014-2015Finance Minister of Pakistan Ishaq Dar has said that government is likely to raise salaries of employees by 10% in budget 2014-15.

According to sources Prime Minister Nawaz Sharif government is planning for increase in pension and pay of employees from 12% to 20%.

Old Pensioners will get maximum increase in pension and new pensioners will get less increase in pension.

According to sources, Ishaq Dar told to EAC that opposition suggested an increase of 30%, however it is not possible due to prevailing economic condition of Pakistan.

May 07

Govt Employees Salaries Increases Budget 2014-2015

Budget 2014-2015ISLAMABAD: Federal Minister for Finance Muhammad Ishaq Dar said on Thursday that in line with the past practice, Govt Employees Salaries Increases Budget 2014-2015 the government will take the decision about the increase in pay and pension of government employees before the announcement of budget for 2014-15, June.

According to sources, Ishaq Dar told to EAC that opposition suggested an increase of 30%, however it is not possible due to prevailing economic condition of Pakistan. Prime Minister of Pakistan and Federal Cabinet will take final decision keeping in view the inflation rate and miseries of salaried class.