Business

Federal cabinet okays new honorarium policy for civil servants

Published by
Web Desk

ISLAMABAD: The federal cabinet on Monday approved a new honorarium policy for government employees, giving discretionary powers to the finance minister to determine the honorarium for employees of economic ministries, parliament and the Prime Minister’s Office.

Under the policy, the finance minister will have the authority to determine the amount of honorarium, focusing on employees in key economic divisions, such as Finance Division, Revenue Division, Federal Board of Revenue (FBR), Planning, Development, and Special Initiatives Division, and others.

The policy is designed to streamline honorarium payments by addressing the need for additional financial rewards for government employees.

Earlier this month, the Economic Coordination Committee (ECC) of the cabinet approved a new policy for honorarium payments to federal government employees. Government employees will receive incentive payments for exceptional performance in ministries and departments.

Web Desk

Recent Posts

Gold prices drop by Rs5,600 per tola in Pakistan

KARACHI: The gold prices in Pakistan have been reduced to Rs 424,136 following a reduction…

10 minutes ago

When will Safar moon be sighted? SUPARCO predicts

ISLAMABAD: According to Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), the new moon of…

1 hour ago

11 died as house collapses in Kohat after heavy rains

KOHAT: A residential house collapsed due to heavy rain in the Malgin area of ​​Lachi…

2 hours ago

Alternative to the Strait of Hormuz Ready: UAE Decides to Build New Port

ABU DHUBAI: The United Arab Emirates has prepared a plan to establish a new multi-purpose port…

2 hours ago

Afghan Women’s refugee team could Play International matches by 2030

DUBAI: The International Cricket Council (ICC) is considering plans that could allow the Afghan women's…

2 hours ago

US-Iran tensions spark fears of fuel price hike in Pakistan

ISLAMABAD: Escalating tensions between the United States and Iran have once again unsettled global oil…

3 hours ago