ISLAMABAD: The government is mulling a hefty increase of up to 35 percent in salaries in the federal budget 2012-13, sources told our sources.
Pay scales revision, merging of two remaining ad hoc relief allowances in pay scales and up to 35 percent increase in salaries are three options being considered for the next budget, the sources said on Wednesday.
Economic managers of the country along with a pay committee have developed three formulas for salary increase package. According to the sources, a 50 percent ad hoc relief allowance announced in 2010 and 15 percent announced in 2011 have been proposed for merger in pay scales, the new pay scales to be applicable from July 1.
"Merging of two remaining ad hoc relief allowances in pay scales will collectively jack up pay scales by 65 percent… the merger will result in an automatic increase in salaries by seven percent," the sources added.
The three ratios, which have been prepared for submission before the federal cabinet for approval, seek to allow increase in salaries by 25 percent, 30 percent and 35 percent. The cabinet will be requested to select any one of these ratios keeping in view the fiscal space availability with the government.
The proposed salary increase will automatically increase the three ratios – 25 percent to 32 percent, 30 percent to 32 percent and 37 percent to 42 percent – when the seven percent increase impact by merging of two ad hoc relief allowances is included in new pay scales.
Other proposals under consideration are 45 to 50 percent increase in house rent and a 100 percent rise in conveyance and medical allowances.
Monetisation of housing facility is also under consideration. The sources said that a meeting of the National Finance Commission (NFC) was scheduled for May 14. It would hold technical consultation on provincial shares in federal revenues in 2012-13, and key issues such as revamping of agriculture income tax regime on a similar pattern in all the four provinces.
Latest Suggestions about Budget-2012-13
Revised Pay Scales advised by Finance Department published by Daily Jang on 17 May 2012
Scale Initial Pay Annual Increment Maximum Pay
- 6600 - 250 - 11600
- 6800 - 290 - 15210
- 7100 - 340 - 16960
- 7400 - 390 - 18710
- 7800 - 440 - 20560
- 8200 - 490 - 22410
- 8600 - 540 - 24260
- 9000 - 600 - 26400
- 9400 - 650 - 28250
- 9800 - 720 - 30680
- 10200 - 780 - 32820
- 11000 - 850 - 35650
- 12000 - 920 - 38680
- 13200 - 1000 - 42000
- 14600 - 1090 - 46210
- 18000 - 1320 - 56280
- 26400 - 1800 - 60600
- 34000 - 2260 - 76940
- 49300 - 2710 - 110790
- 64000 - 3500 - 130500
- 70000 - 4230 - 150370
- 80000 - 5000 - 175000
BUT IMPORTANT THING IS BELOW
Provinces are not agree specially Punjab Govt that is always apponent to Govt Servants.Mian Brothrens are always enemy for Govt. Servants.Think before vote them.
Punjab Budget 2012-2013 highlights (Download Pdf & Doc). Budget prepared to have a glance of all expenditures and revenues throughout the year. It also enables us to know that which sector of economy need attention and which not. Finance Minister Hafeez Sheikh presented last year budget 2011-2012, keeping in view last year we are going to high light main points of budget which will be included in Punjab Budget 2012-13 which are as follows:
- Rs.654.96billions budget presented by Punjab Government.
- Punjab Government allocates Rs.1.6billions for sports.
- Emergency Services got Rs.2100millions.
- Mines & Minerals Schemes Rs.300millions
- Rs.11,250millions for irrigation sector
- Rs.2 million allocate for IT
- Labor & HR Development got Rs.100millions
- Five social welfare initiatives in Budget 2011-12
- Agriculture Development Program fixes Rs.220billions by Punjab Government
- Human Rights & Minority Affairs allocated Rs.220millions
- Power generation special package of Rs.9billion
- Forestry, wildlife, fisheries got Rs.1,235millions
- Rs.5.36 billions allocated for livestock, industries sector
- Rs.152.095million allocated for information, culture and youth affairs
- Yellow Cab scheme got Rs.4.5billions
- Auqaf & Religious Affairs got Rs.150millions
- Rs.350 million allocated for EPD
- Punjab Government allocates Rs.36.65 for construction
- Rs.7b allocated for LG&CD
- Punjab sets aside Rs 14,800m for health sector
- Tourism sector got Rs.250Millions
- low cost housing got Rs1.2billions
Budget 2012-2013 : Govt Employees Pay Raise Formula Ready for Final Approval
Islamabad (May 25, 2012 / Daily Jang Lahore) – In Annual Fiscal Budget 2012-13, Federal Government has prepared formula of public servants / government employees pays increase.Main Points of Pay raise Formula :1- Basic pay Increase = 35%(Merger of Adhoc relief allowances of budget 2010-11 (50%) and budget 2011-12 (15%) in Basic Pay)2- Medical Allowance Increase = 100%3- Conveyance Allowance Increase = 100%4- House Rent Allowance = 45% of revised basic payExpected net increase in Salaries of government employees = 40% to 50%
FINANCE DIVISION RECOMMENDATIONS FOR BUDGET 2012-13
Pay Scales Revised again
Adhoc 2010 (50%) & Adhoc 2011 (15%) Merged in Basic Pay
Basic Salary will be increased 37 %
House Rent on Basic Pay : 45%
BPS-1 to BPS-15 Medical Allowance Increased : 100% (from 1000 to Rs. 2000)
BPS-16 & Above Medical Allowance 15% on Basic Pay
BPS-1 to BPS-15 Conveyance Allowance Rs. 2270
NOTE: the above said information will may be slightly changed after announcement of budget today afternoon (near 5 PM)
Via ThenewstribeISLAMABAD: Amid protests by Pakistan Muslim League – Nawaz (PML-N), Dr Abdul Hafeez Shaikh announced the Federal Budget for the fiscal year 2012-13 with an outlay Rs2.96 trillion. This was the fifth budget of the Pakistan Peoples Party (PPP) government.Shaikh gave the speech with earphones plugged in, while members of PML-N encircled him and resorted sloganeering against the government. PML-N MNAs continued to ignore Speaker of the National Assembly Dr Fehmida Mirza’s call for order in the house, and chanted slogans against the government.More Budget News:
Government Employees Salaries and Pension Increased in Budget 2012-13
Federal Budget of Pakistan 2012-13 Announced
Budget 2012-13 Pakistan: Recommendations & Proposals
20% Salary (Pay) Increased in Budget 2012-13 Pakistan
Budget 2012-13 Speech: Tax Base to be Increased by Rs45 Billion
Revised Pay Scales – Proposal of Unified Pay Scales in Budget 2012-13
A scuffle also broke out between PPP and PML-N parliamentarians during the budget speech, who resorted to punching, slapping and shoving each other. The Federal Cabinet had earlier approved the budget during a meeting chaired by Prime Minister Yousaf Raza Gilani.During the speech, the finance minister announced that no new taxes will be introduced, and the income tax slabs have been brought down from 17 to 5.Salaries of government employees have also been increased by 20%.Shaikh also announced that the Prime Minister House will be converted into an institute for advanced studies, and the premier will live in a small house.Express News reports that the budget brings a Rs20 billion increase for the defence sector, with an allocation of Rs264 billion for the Army. The Navy has been allocated Rs52.7 billion, which is around Rs230 million lesser than the previous budget.The Air Force has been allocated Rs114 billion.End of live updates 6:50pmAccording to the budget, the government will open up to 2,000 new utility stores, in an effort to provide relief to around 300,000 families.The government has set Rs10 billion for the export development fund.6:40pmThe finance minister has concluded the speech.A list of funds allocated for the Public Sector Development Programme (PSDP) can be read here.6:37pmThe Prime Minister House will be converted into an institute for advanced studies and the prime minister will live in a small house.“For the progress and development of solar tube-wells, subsidy will be given to them, so that the energy crisis can be curbed… No matter how much money is needed to curb the energy crisis, we will provide it,” says Shaikh.6:35pm“All items which have a GST tax of more than 16%, efforts are being done to bring their tax down to 16%.”“We have decided to lessen the customs duty… All customs item which were in the maximum range of 35% will be brought down to 30%,” says Shaikh.The finance minister says that Rs183 billion has been allocated to deal with the energy crisis.6:30pmThe total amount of the budget for the year 2012-13 will be Rs2.96 trillion, announces Shaikh.The income tax limit has been raised from Rs300,000 to 400,000. “For the ease of taxpayers, the slabs have been brought down from 17 to 5. This will bring relief to taxpayers.”6:25pm“The government made a sacrifice of Rs70 billion to relieve people from the rising petroleum prices,” Shaikh points out.“Tax collection was the basic objective of the government.”6:20pmThe finance minister says that the growth rate has reached up to 3.4%, adding that the country maintained economic stability without taking any loans from the IMF in those two years. “We returned $1.2 billion to IMF.”A scuffle broke out in the National Assembly during the budget speech, with PML-N and PPP MNAs exchanging blows.Shahid Khaqan Abbasi was seen at the centre of the fight.“Power was delegated to provinces after the 18th Amendment. Around 70% of the budget was allocated to them,” says the finance minister.6:15pmThe finance minister starts off speech by congratulating Gilani for being prime minister for the longest time in the history of the country.Raja Pervaiz Ashraf is standing right next to Finance Minister Hafeez Shaikh. PML-N members are also standing around the finance minister holding placards.6:12pmFinance Miniser Abdul Hafeez Shaikh has begun the budget speech.Dr Fehmida Mirza has called for order in the house amidst protests and sloganeering by PML-N members. Party members are shouting “Shame, shame”.6:10pmPML-N is expected to encircle Finance Minister Hafeez Shaikh during the speech to protest. Party members have also arrived inside the building with placards.Prime Minister Yousaf Raza Gilani has arrived inside the National Assembly.Speaker National Assembly Dr Fehmida Mirza will chair the National Assembly session.6:00pmNo new tax will be introduced in the upcoming budget and the Federal Board of Revenue has been directed to make legal changes to facilitate people, reports The Express Tribune correspondent Sumera Khan.5:55pmThe Federal Cabinet, during a meeting chaired by Prime Minister Yousaf Raza Gilani, approved a budget of Rs3.1 trillion for the year 2012-13.Express News correspondent Khalid Mehmood reports that Pakistan Muslim League – Nawaz (PML-N) is expected to protest during the budget session and will also stage a walk-out.Chaudhry Nisar, speaking to reporters, said that the government has never paid heed to the opposition’s recommendations.5:50pmExpress News reports that a decision has been taken to increase the salaries of government employees by 20%.5:40pmAPP reports that the government has allocated Rs22,877 million for 37 development projects of the Pakistan Railways in the Public Sector Development Programme (PSDP) 2012-13.5:30pmOpposition Leader in the National Assembly Chaudhry Nisar Ali Khan criticised the ruling government in a press conference earlier during the day and said that even after not being able to achieve targets, the government has the audacity of still staying in power.“In the past four years, inflation has increased, loadshedding has increased. No target was achieved, the finance minister admitted this himself. If the government had any element of decency, then it wouldn’t have presented the fifth budget,” he remarked.Source: Express Tribune
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Last edited by Naveed A Lodhi; 06-01-2012 at 07:59 PM.