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The majority of government departments and organizations adhere to the BPS System. Examples of other pay systems in Pakistan include the Special Pay Scale (SPS) and army scales, while private organizations, companies, and industries are free to devise their own pay structures, subject to the government setting a minimum salary for private ...
The budget covers the salaries, training, and healthcare of both uniformed and civilian personnel, maintains military arms, equipment, and facilities, supports operations, and funds the acquisition and development of new arms and equipment. [2] [3] As of 2024, Pakistan’s defense budget is 1.7 percent of its GDP. [4]
This disclosure came after the Public Accounts Committee’s announcement that three high-ranking military generals were accountable for the losses of Rs1.8 billion in the scam involving the National Logistics Cell. Among the 88 officials charged with corruption was a high-ranking officer from the Pakistan Armed Services Board. [6]
In November 2023, Pakistan Post announced that it would stop paying pensions to military accounts. This amount will be transferred to the banks from December 1. The decision was taken to meet the requirements of the Financial Action Task Force (FATF) after it failed to digitize its accounts.
The following major changes reported by federal government: Total budget outlay for 2010–11 is Rs 3259 billion, which is 10.7 percent more than the current year. 50 percent ad hoc allowance of basic salaries to be granted to government employees. GST reduced from 17 to 16 percent. Salaries of government employees raised by 50 percent.
The Pakistan federal budget of 2009–2010 has been prepared in accordance with the budgeting and accounting classification system that has been approved by the Government of Pakistan as an integral part of the New Accounting Model. This is the first year the federal budget is being prepared using the newly adopted Medium-Term budgetary ...
Pensions in Pakistan are provisions which are provided to retired employees. [1] Because only the retired formal sector mostly benefits from pensions, most of the social schemes and retirement welfare system in the country cover a small proportion of the old-age population, whereas a significant proportion of the elderly population working in the informal sector remains largely unprotected by ...
From 1947 until 1971, the MoD was highly centralised with decision-making process and defence policies was solely depended on the General Headquarters (Pakistan Army) in Rawalpindi, Punjab.: 35–37 [8] In 1973, the Constitution of Pakistan provided the legal existence and its concise functionary role in defined Part XII, Chapter II, which ...