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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 employees.
35% increase in salaries of government servants of grade 1-16 in the form of ad-hoc relief; 30% increase in salaries of government servants of grade 17-22 in the form of ad-hoc relief; Tax free imports of software and hardware by IT services equal to 1% of their exports with a ceiling of $50,000
The 2024–25 Pakistan Federal Budget is a financial statement of the government's estimated receipts and expenditures for the fiscal year that runs from 1 July 2024 to 30 June 2025. [ 1 ] [ 2 ] On 12 June 2024, finance minister Muhammad Aurangzeb presented the federal budget with a total outlay of Rs18.877 trillion. [ 3 ]
The designation of the Chief of the Army Staff was created from the previous title Commander-in-Chief of the Pakistan Army in 1972. Since 1972, there have been 10 four-star rank army generals to be appointed as chief of army staff by statute. [ 8 ]
Grade-22 (also referred to as BPS-22) is the highest attainable rank for a Civil Servant in Pakistan. Grade 22 is equal to a 4-star rank of the Pakistan Armed Forces. With over five hundred thousand civil servants and bureaucrats in Pakistan, [1] only a few dozen officers serve in BPS-22 grade at a given time. Hence, not even 1% of the country ...
Income Tax on Export of Services, in Pakistan is 1%. However, export of IT services is taxed at reduced rate of 0.25% in registered with PSEB, Pakistan Software Export Board. [5] In addition to Corporate Tax, there are other applicable income taxes including Super Tax, Minimum Tax, and Tax on Undistributed reserves.
The Pakistan Army Corps of Engineers is a military administrative and the engineering staff branch of the Pakistan Army. [2] The Corps of Engineers is generally associated with the civil engineering works, dams , canals , and flood protection , it performs and leads variety of public works in the country as part of its nation-building mission.
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.