Government of Pakistan, Finance Division has issued Notification No. F.No.3(6)Imp/2016-Vol-II-4 dated 04-01-2017 in connection with Who is Eligible for M.Phil Allowance.
According to this Notification M.Phil Allowance is eligible only to those employees who possess the degree of M.Phil from a recognized University by HEC. All other employees who possess the degree equivalent to M.Phil are not eligible for the said allowance. This allowance is 25% of the Ph.D degree i.e 2500/- per month.