Business

Punjab govt increase minimum wage to 40,000 rupees

Published by
Digital Desk

LAHORE: The government of Punjab has presented the 2025–26 budget, making the minimum wage for the workers and labourers to Rs40,000 from Last year’s Rs37,000.

Presenting the budget, Punjab Finance Minister Mujtaba Shujaur Rehman announced a 10% increase in the salaries of provincial government employees from Grades 1 to 22. He also proposed a 5% increase in pensions for retired employees.

Earlier,

Punjab Finance Minister Mujtaba Shuja-ur-Rehman has presented the budget for the next fiscal year worth Rs 5,335 billion. 

The budget was approved by the provincial cabinet chaired by the Chief Minister of Punjab, Maryam Nawaz.

The Punjab Chief Minister and cabinet members are also present in the budget session of the Punjab Assembly, while opposition members of the assembly gathered in front of the speaker’s desk in protest.

In the new fiscal year’s budget, Rs 811.8 billion has been allocated for education, Rs 630.5 billion for health, while Rs 129.5 billion has been allocated for agriculture.

Digital Desk

Recent Posts

PTA warns users against sharing unlawful online content

ISLAMABAD: The Pakistan Telecommunication Authority (PTA) has issued a warning for mobile phone users against…

12 hours ago

Iranian President lauds Pakistan’s peace efforts during key meetings

ISLAMABAD: Iranian President Dr. Masoud Peshkeskian met President Asif Ali Zardari and Prime Minister Shehbaz…

12 hours ago

Govt approves reduced property tax rates, new income tax slabs for salaried class

ISLAMABAD: The government has approved a reduction in advance tax rates on property buyers and…

13 hours ago

CDF Asim Munir meets Iranian President, discusses regional situation following US-Iran talks

RAWALPINDI: Chief of Army Staff, Field Marshal Syed Asim Munir, met with Iranian President Masoud…

15 hours ago

Solar panels, batteries rates drop amid reduction in petrol price

LAHORE: Following the reduction of petroleum prices, solar panels and batteries witnessed a sharp fall…

15 hours ago

SBP announces two bank holidays

ISLAMABAD: State Bank of Pakistan (SBP) has declared a two-day public holiday for Ashura (9th &…

15 hours ago