Govt sets minimum wage at Rs37,000 in budget 2024-25
Business
FinMin Aurangzeb presents budget in the National Assembly
ISLAMABAD (Dunya News) – The federal government increased the minimum wage from Rs32,000 to Rs37,000 in the budget 2024-25 announced by Finance Minister Aurangzeb in the National Assembly on Wednesday.
Earlier, the cabinet approved up to 25 percent increase in salaries of government employees.
The approval was granted in a cabinet meeting chaired by Prime Minister Shehbaz Sharif where Finance Minister Muhammad Aurangzeb briefed it on the budget.
The cabinet has approved 25pc increase in salaries of employees from Grade 1 to 16 and officers from Grade17 to 22 will get 20pc increment.
The federal government presented its first budget for the fiscal year 2024-25, with a total outlay of Rs18,877 billion.