INCREASE IN SALARY PENSION BUDGET 2017-18 PUNJAB PAKISTAN FULL NEWS PROOF

INCREASE IN SALARY PENSION BUDGET 2017-18 PUNJAB PAKISTAN FULL NEWS PROOF.As we all know that the duration of the government is going to be Finished In 2018. So the Finance Minister of Ishaq Dar said that Government has decided to increase the Salary of Government employees is going to be increased 10 to 15 percent.

LATEST NEW RELATED TO INCREASE IN SALARIES AND PENSIONS

Another latest news regarding increase in salaries of government employees 2017-18 is granting of utility allowances based on the criteria set by provincial government is also in consideration, as per sources. The government is in discussion to increase the pay of government employees by at least 10-20% and likely by 15% (favorite result expected). The allowances of government employees are likely to have increased in allowances as well.

Budget 2017-18’s salient features revealed

Geo News on Wednesday obtained the salient features of the budget recommendations for fiscal year 2017-18. The major points of the upcoming budget — to be presented on Friday — are as follows:

1. Total outlay: Rs4.778 trillion

2. Development budget: Rs1,001 billion

3. Defence budget: 940 billion

4. Recommendation to allocate Rs1,401 billion for interest payments on loans

5. Recommendation to increase FBR’s tax collection target by 15%

6. Two recommendations to increase government employees’ salaries

a. Proposal to merge old ad hoc salary after 10 % increase in salaries

b. Proposal to increase running salaries by 10% after merging old ad hoc

7. Proposal to allocate Rs230 billion for subsidies and grants

8. Proposal to allocate Rs123 billion for Benazir Income Support Programme

9. Proposal to allocate Rs90 billion for rehabilitation of homeless people and security arrangements

10. Proposal for GDP growth in upcoming fiscal year: 6%

11. Estimated inflation [CPI]: 6%

12. 4.1% fiscal deficit

13. Rs272 billion for development schemes for parliamentarians

14. Current account deficit targeted at 2.6% of GDP

For Salient Features: Courtesy to Geo.tv

The latest news for government officials in Punjab is that the budget 2017-2018 can raise their salaries by 20 percent although pensions can be raised by 20-30 percent %. The Federal government is busy in making and finalizing the budget 2017-18 which could be at the total of around RS 850 Billion.

Although nothing has revealed or finalized yet so far related to the pay increase for government employees and pension increments for retired servants of the country but it is highly expected to get the increase of minimum of 10-15% in the salaries and pension of the government workforce. First Ramadan is expected to be announced by either Saturday 27th May or Sunday 28th May, however the budget is to be officially announced on May 26th by Pakistan’s Finance Minister Ishaq Dar in National Assembly.

The public has a lot of expectation from the government regarding increase in salaries, pensions moreover funds allocation to manage energy sectors and to resolve other country’s issues.

There are many chances that the pension of the Government servants will be increased as 15 to 20 percent. According to some Media sources, it has been revealed that the notice will be issued on 5th of June, 2017 or in the first week of June, 2017.We were top site for

Increase in salaries and pensions expected to be at least 10-20% in the Budget of 2017-18 Pakistan.

The budget for 2017-18 will be announced in coming week and it is likely that Finance Minister of Pakistan Ishaq Dar will make the budget speech in National Assembly on 26th may 2017. The latest news related to Pakistan budget 2017-18 is that this time government employees can expect a good pay increase in budget 2017-18. The government has started planning and working on the increase in salary of government employees for 2017-18. The salaries and pension of federal government in the federal budget 2017-18 as per rumors and reports in media and newspaper are likely to get an increment of 10-20%. According to official resources the budget for 2017-18 Pakistan is into its final round and it may bring the good news for the government employees this time as Eid Festival is around the corner as well.

Total of three proposals are presented in front of the budgeting committee for the increase in salaries and pensions of the government employees.

  • 10 percent %
  • 5 percent %
  • 15 percent %

Budget 2015-16 Punjab Pakistan

The Government Employees are very happy after hearing this news. If Government announced this news then the government will have to bear the additional expenses of 20 to 30 million. As the Government has made a huge progress in other issues of the country so the Government employees are also expecting a good change in their salaries.

The government might face the debt of billions due to the increase in salaries that are expected to get raised by 10-20%. Government may face financial load from RS 35-45 billion. If the salaries increase with 10-15% then overall estimated budget for salaries would be around at least RS 385 billion to 395 billion and the budget for pension would reach to at least RS 270 billion to 275 billion.

pakistan budget 2017-18

  • Is the News About increase in Pensions or Salary a rumor or not?

This news about the increase in the Salary or Pension is authentic because it is time to make a budget for the country and our “Wazer e Kzana” has ordered to make a budget for an increase of 15 to 20 percent in the Pension of the government employees. A budget with an increase has been made and Our Prime Minister has the authority to pass this budget. If the budget has been passed then the Pension of the government employees will be increased up to 15 to 20 percent than their present pension and the salary of the government servants will be increased up to 10 o 15 percent than the present salary.

  • Is there any Proof about this increase?

So here is a news from a very famous newspaper will is showing the increase in the Pension and salary of the employees. As the Present government has given progress and good days to every system of life so not this pension and salary system.

Here is another news. If we look at this news then we come to know that the budget is just made and will be passed in the meeting of the “Wafaqi Kabina”. But it has been expecting that the Government will pass this budget as to make this country a better place and to motive the government employees to do their jobs with more care.

  • Authentication from a news Channel Or newspaper

Here is a news from “Duniya News Channel” which will be the answer to every doubt which anyone had. “THE SAME WORDS ARE QUOTE BELOW

Web Desk) – Media reports suggest that the federal government was considering a 10-15 percent increase in salaries and pensions of government employees. The decision could be taken in the annual budget 2017-18 by merging 50pc ad hoc allowances into the basic pay.

According to the sources, the initial working has started on the directions of Finance Ministry. The recommendation would merge 50pc of the ad hoc allowances into the basic salary and an increment of 10 percent will be given to the government employees. Also, 15 percent increase is expected to be given in pensions.

Other recommendations under consideration were to increase the allowances including medical, housing and others. The decision will be taken at the end of April after the Finance Ministry receives the summary of recommendations.

  • What changes will this increase in pension bring?

As the government servants will get the full commission of their hard work so they will work with more care and with passion. Everyone has this right that his work should be admired and properly paid. But if he did not get what he deserves then he becomes heartless and does not do his duty properly. As we know with the system of our Country, there is no proper method or system. People do not perform their duties very well, the way they should perform that. So if the government will pass this budget then everyone will do his duty properly.

Expected salary increase in budget 2017-18 Pakistan

So we should hope for the best and should wait for that the government proves this budget and the increase in the pension and the salary of the government employees.

Full Proof of News “increase in pension

As we all know that the duration of the government is going to be Finished In 2018. So the Finance Minister of Ishaq Dar said that Government has decided to increase the Salary of Government employees is going to be increased 10 to 15 percent. There are many chances that the pension of the Government servants will be increased as 15 to 20 percent. According to some Media sources, it has been revealed that the notice will be issued on 5th of June, 2017 or in the first week of June, 2017.

Salary increase in budget 2017-18 pakistan

The Government Employees are very happy after hearing this news. If Government announced this news then the government will have to bear the additional expenses of 20 to 30 million. As the Government has made a huge progress in other issues of the country so the Government employees are also expecting a good change in their salaries.

  • Is the News About increase in Pensions or Salary a rumor or not?

This news about the increase in the Salary or Pension is authentic because it is time to make a budget for the country and our “Wazer e Kzana” has ordered to make a budget for an increase of 15 to 20 percent in the Pension of the government employees. A budget with an increase has been made and Our Prime Minister has the authority to pass this budget. If the budget has been passed then the Pension of the government employees will be increased up to 15 to 20 percent than their present pension and the salary of the government servants will be increased up to 10 o 15 percent than the present salary.

  • Is there any Proof about this increase?

So here is a news from a very famous newspaper will is showing the increase in the Pension and salary of the employees. As the Present government has given progress and good days to every system of life so not this pension and salary system.

Here is another news. If we look at this news then we come to know that the budget is just made and will be passed in the meeting of the “Wafaqi Kabina”. But it has been expecting that the Government will pass this budget as to make this country a better place and to motive the government employees to do their jobs with more care.

  • Authentication from a news Channel Or newspaper

Here is a news from “Duniya News Channel” which will be the answer to every doubt which anyone had. “THE SAME WORDS ARE QUOTE BELOW

Web Desk) – Media reports suggest that the federal government was considering a 10-15 percent increase in salaries and pensions of government employees. The decision could be taken in the annual budget 2017-18 by merging 50pc ad hoc allowances into the basic pay.

Increase in salary of Government employees for 2017-18 latest news

According to the sources, the initial working has started on the directions of Finance Ministry. The recommendation would merge 50pc of the ad hoc allowances into the basic salary and an increment of 10 percent will be given to the government employees. Also, 15 percent increase is expected to be given in pensions.

Other recommendations under consideration were to increase the allowances including medical, housing and others. The decision will be taken at the end of April after the Finance Ministry receives the summary of recommendations.

  • What changes will this increase in pension bring?

As the government servants will get the full commission of their hard work so they will work with more care and with passion. Everyone has this right that his work should be admired and properly paid. But if he did not get what he deserves then he becomes heartless and does not do his duty properly. As we know with the system of our Country, there is no proper method or system. People do not perform their duties very well, the way they should perform that. So if the government will pass this budget then everyone will do his duty properly.

Budget 2017-18 pakistan news
Expected salary increase in budget 2017-18 pakistan latest news

So we should hope for the best and should wait for that the government proves this budget and the increase in the pension and the salary of the government employees.

 

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