Tuesday, July 23, 2024
HomeLatestThe Government Proposed a Minimum Salary of PRs 37,000 in the 2024-2025...

The Government Proposed a Minimum Salary of PRs 37,000 in the 2024-2025 Budget.

Prime Minister Shehbaz Sharif’s government has said that the minimum basic income will be increased from Rs 1000 in the federal budget of 2024-25. 32,000 to Rs.37,000 This significant increase is aimed at giving more financial stability to Pakistani government employees.Additionally, a significant increase in salaries for various staff categories has been agreed by the federal cabinet, headed by Prime Minister Nawaz Sharif. Officers in grades 17 to 22 will get a 22 percent pay hike, while staff in grades 1 to 16 will get a 25 percent pay hike. The pension of retired government employees will be increased by 15%.

These budget cuts are part of the government’s plans to raise living standards and provide greater financial security to public servants and pensioners for the next fiscal year. The government intends to ease financial stress and give its workers a more stable and secure financial future by increasing salaries and pensions.

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