Budget News 2012-2013 : salaries Increase from 5 to 15 percent, Leave Encashment for one year and House rent Ceiling on monthly bases.
Islamabad (may 30, 2012 / Daily Express) – Federal Government of Pakistan has decided to increase leave encashment from 6 months to one year in annual budget 2012-2013.
It is also decided to launch “Hiring Monetization Rental Ceiling” for govt employees from next fiscal year.
It is also decided after merging ad-hoc relief allowances of last two years in basic pays, the net increase in salaries would be 5% to 15%.
Daily allowance of grade 16 to grade 22 will be raised 100%.
Main Points of Annual budget 2012-13:
Increase in Salaries = 5% to 15% only
Merger of adhoc allowances (65%) in basic Pay
Leave Encashment Payment for One Year
Housing monetisation policy implementation
Increase of “Daily Allowance” 100% for officers of Scale 16 to 22