In the upcoming financial year, the Budget 2023-24 for the Government of Punjab is set to focus on key areas, including a significant salary and pension increase for government employees. According to reports, the Govt of Punjab is considering an Adhoc salary increase ranging from 10 to 20 percent for government employees, including those in BPS 21. Additionally, pensioners can expect an allowances increase in the budget 2023, with rates potentially rising from 20 to 30 percent.
A private news channel has reported that preparations for the new Budget 2023 in Punjab are already underway. Various departments have been asked to submit their proposals to ensure that the budget aligns with the needs of the Sarkari Mulazmeen (government employees) and retired personnel. This comes as part of a broader strategy to secure support in the lead-up to the next election.
The Punjab Government’s budget is expected to be unveiled following the presentation of the Federal Budget 2023. Given the political climate and the upcoming elections, the budget is likely to prioritize salary and pension increases for government and retired employees. The source also reveals that the budget will account for the progressing expenses increase, which is expected to be substantial. This is to ensure that funding for various projects and initiatives can commence smoothly before the next election cycle.
In summary, the Budget 2023-24 in Punjab aims to address the financial concerns of government employees, with a focus on adhoc relief allowance 2023 and budget salary increase 2023. The Balochistan budget 2023 is also keenly awaited for similar updates.
Federal & Punjab Budget June 2023-22 Salary Increase News Updates:
The complete news about how much the Annual Government Budget 2023 Salary Pay & Pension Increasing this year. The Federal Govt employees’ salaries, and pensions likely to be raised by 10 to 20 percent in the budget, and Old pensions increase from 20 to 30 percent.
50% Adhoc Relief counted in Basic Pays news by Dunya News:
According to Dunya TV channel news it has been advised for Revised Pay Scale 2023 & combining of 50% Adhoc Relief Allowance granted in 2010 by Pakistan People’s Party Govt to employees. According to dunya news, blending of Adhoc Relief Allowance 2010 that was allowed to the Gov’t Employees throughout the PPPP full point will be merged into the basis pay scale.
Budget 2023 Pakistan updates in Urdu (June 2023):
According to Punjab Finance department, the 15 % salary is expected to increase in the budget 2023 and the work is started on its. but the complete detail will be updated on the 15th of May 2023. The budget will be announced at the end of May but it is not still confirmed.