Budget 2024-25: Punjab approves 25% increase in salaries of govt employees

Budget 2024-25: Punjab approves 25% increase in salaries of govt employees

ISLAMABAD – The Punjab cabinet has approved 25 percent increase in salaries of provincial employees as it is set to unveil the budget for fiscal year 2024-25.

Furthermore, the provincial government has approved 15% increase in pensions of retired government employees.

Punjab Finance Minister Mian Mujtaba Shujaur Rehman will present the budget in the Punjab Assembly later today.

A day earlier, the federal government has proposed 25pc salary increase for public sector employees.

The 25 percent incremenet applies to employees of Grade 1 to 16. Additionally, the government has approved a 22% raise for employees in Grade 17 to 22.

Furthermore, pensioners will get 15 percent hike in Budget 2024-25.

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