As mentioned in media news, the budget of the financial year 2019-20 will be announced in the month of May 2019 by the Federal Government. Same like previous years, all the Federal and provincial Govt employee have a great interest in the increment of their salary in this budget 2019-20. The news about the salary increment is surrounding from past 2 months. But there is a great fluctuation in each news. The whole game will be open on the day of the budget announcement. But what is reflecting on the board, will be discussed here.
House Rent allowance
I think the House Rent allowance is the matter of rate increase in property house rents. So the Government will surely discuss in the change of this allowance to change the rent charges of houses. In previous budgets, the House Rent Allowance has been ignored, but the expenses of rent have been increased with an increase in inflation. So chances are to increase this allowance. But this is not sure completely.
You may have seen in social media and broadcast news that the medicine prices are increased in a great quantity and the cost of treatment is also affected. As compared to the facilities in hospitals and the cost of private treatments, its necessary to update the Medical Allowance in terms of the true spirit, and its major news to increase the Medical Allowance in Budget 2019-2020 in Pakistan and other provinces.
The cabinet committee has devised many Suggestions, concerning the Govt employee Salary to Increase in the Budget 2019-20 of Pakistan.
The media news have explored some of the facts in the upcoming budget, that are a little bit concerned about the increment of the following pay/allowances of the Government employees:
- The previous adhoc allowances will be merged in Basic Pay
- House Rent Allowance may also be increased
- Monthly Medical Allowance can be increased up to Rs. 3000/- in this budget
- Computer Allowance should be raised for Technical Computer personnel
- Higher Qualification compensation may be e considered again
- All Government employees of Pakistan may have the same scale system
- Overtime allowance can be implemented to some concerned employees who work in extra hours
Many other things can be considered in this annual Budget 2019-20 but it’s not the all. The decision will be made by competent authorities only.
The many other allowances are rumored to be increased in budget 2019-20 but everything is not possible in this duration, as the government is going to borrow from IMF, and the tax plan on 750 Billion rupees is going to be imposed on the public.
- Basic Pay
- Adhoc relieve allowance
- House Rent Allowance
- Utility Allowance
- Medical Allowance
- Computer Allowance
- Higher Qualification Increments
- Same pay structure
- School / College Fees of Children
- Motorcar, motorcycle and House Building Advance
- Personal Allowance
- Any other Allowance
Please feedback, if you think any allowance is going to be updated in your opinion.
These are some media news click about the salary increment.