Salary Increase in Budget 2021-22 Pakistan | Pay and Pension Increase in Budget 2021-22
According to Federal Government’s Budget Speech 2021-22, the government announced an Salary Increase in Budget 2021-22 Pakistan and pension increases, the Govt stated, are not as expected by employees. The full packages for employees and pensioners in Budget 2021-2022 are:
The following wages and allowances/pension the Finance Minister declared in the budget address 2021-22:
Salary Increase in Budget 2021-22 Pakistan Details
Adhoc Allowance 2021
The finance minister announced a 2021 Adhoc relief allowance of 10% of the basic pay. This allowance is effective July 1, 2021.
Ardali allocation
Govt enhanced the Ardali allowance from Rs. 14000/- monthly to 17500/- monthly.
Integrated allocation
The federal government increased BPS-01’s integrated allowance to BPS-05. The sum rose from Rs. 450/- to Rs. 900/- each month.
Minimum salaries
The government set minimum wage rates Rs. 20,000/- per month, according to Budget Speech.
Pension increase
The government increased pension @ 10 percent of the pension the pensioner gets.
Increase news before the budget announcement
Before the Budget 2021 presentation, word came that Federal Cabinet approved a 10 percent wage hike. Nearly all TV outlets broke this news article. This news wasn’t good for employees if only a 10 percent boost. As the true position in the Budget Speech was too clear, employees forgot this news and focused on Budget Speech.