I am sharing the latest Salary Increase of 15% to 20% in Budget 2024-25 for Govt Employees of the Federal setup. There is also news of an increase in Medical Allowance @ 200% of the current rates. The employees may get an increase in their Conveyance Allowance and Conveyance Monitization in Budget 2024-25. The details are as follows:

The latest Salary Increase of 15% to 20%, in Budget 2024-25 for Govt Employees

 

As per the Dunya Newspaper and GEO news, there are the latest updates on pay increases for the Government employees in Bidget 2024-25. There is a proposal to increase the salary of the higher pay scale employees at lower rates while for the lower grade employees at higher rates. If the Government increases the salary @ 10% then the Government will have to bear extra 80 billion rupees. The Monetization of Conveyance Allowance may raise 40,000/- per month to 60,000/- per month.

Pay / Salary Increase of 15% to 20% News Updates

 

The Government employees may get an increase in their salary @ 15% to 20% of the current basic pay.  However, these are just the initial proposals. The Government may decide finally on the day of the budget. There may occur changes on the date of the announcement of Budget 2024-25.

Conveyance Allowance and Conveyance Monetization

 

There is also news of an increase in CA for Government employees. There is a proposal to raise the CA @ 200% of the current one. The BPS-16 and above employees are getting Rs. 5000/- per month as Conveyance Allowance. The lower grade employees are getting the CA at different rates but a maximum of 2856/- per month. The monetization of Conveyance amount may increase from 40,000/- to 60,000/-.

All the above are initial proposals and have not yet been finally decided by the Government.

Medical Allowance

 

The government employees are getting Medical Allowance @ 1500/- per month (BPS-01 to BPS-16). The higher pay scale employees are getting the Medical Allowance just some more as compared to BPS-01 to BPS-16 employees. There is also a proposal to increase the same @ 200% in the coming budget 2024-25.