In this post, we will talk about the new salary increases announced by the Federal Government of Pakistan in the Budget Speech for 2024-25. This is important news for government employees, as it tells us how much more money they will get in their paychecks.
Salary Increases for Different Grades
According to the Budget Speech for 2024-2025, here is how the salary increases break down:
- Employees of BPS-01 to BPS-16: 25% increase in salary
- Employees of BPS-17 and above: 20% increase in salary
But there is also a document that shows a 22% increase for employees of BPS-17 to BPS-22.
Salary Increase Charts
We will share two charts here:
- Minimum and Maximum Salary Increase Chart
- Stage-to-Stage Salary Increase Chart
These charts will help you understand exactly how much more money employees in different grades will receive.
Summary of Salary Increases
Here is a summary of the salary increases for government employees as announced in the Budget Speech 2024-25:
- BPS-01 to BPS-16: Employees will get a 25% increase in their salary.
- BPS-17 and above: Initially, it was announced that they would get a 20% increase, but a budget document shows a 22% increase.
Comparison with KP Government
The Khyber Pakhtunkhwa (KP) Government initially announced only a 10% increase in salaries. However, after the Federal Government’s announcement, likely, the KP Government will also increase salaries following the Federal Government’s example.
Note on Personal Pay (PP)
If an employee receives Personal Pay (PP), their salary increase could be even higher than the maximum increase shown in the charts.
Conclusion
These changes in salaries are very important for government employees as they will get more money to support their families. The new budget has brought good news, especially for those in lower grades who will see a significant increase in their salaries.
Let’s look at the charts to understand better how much more money different grades will get:
- Minimum and Maximum Salary Increase Chart: This chart shows the smallest and largest increases in salary for each grade.
- Stage-to-Stage Salary Increase Chart: This chart shows how salaries will increase at each stage for employees in grades BPS-01 to BPS-22.
These charts make it easy to see how the new budget will affect everyone’s paychecks.
Remember, these changes are set to help improve the financial situation of government employees, making life a little easier for them and their families..