Government of the Punjab, Finance Department issued a Notification on 04-06-2025 in connection with Clarification of Life Certificate / No Marriage Certificate Financial Assistance to the Family of the civil servants who die while in service. The details are as follows:
Employee Services
Amendment House Building Advance and Motorcar /Motorcycle Advance Loan 2025 Federal Employees
The Federal Government has issued the Notification for HBA and MCA Loan Amount Amendment for the Government employees. There are certain changes in the table of the House Building Advance and Motorcar Advance Loan amount. The details are as follows:
Proposal of Relief in Income Tax in Salaries @ 2.5% in all Slabs in Budget 2025-26 (News)
I am sharing the latest news updates of Proposal of Relief in Income Tax in Salaries @ 2.5% in all Slabs in Budget 2025-26. As per the Dunya Newspaper, there is a proposal for the Government employees to have a relaxation of 2.5% income tax in each slab.
Ban on Motorcar Advance for BPS-16 and Below Employees
As per the news, the federal Government has imposed a Ban on Motorcar Advance for BPS-16 and Below Employees. As per the routine, the Federal Government employees could take motorcar advance when they reached the basic pay of Rs. 35,000/- per month irrespective of their Basic Pay Scale. BPS-16 employees were also eligible for motorcar advance as per clarification. But as per the new rules, the employees of BPS-17 and above can only avail motor car advance. The details are as follows:
Notification 25% Rebate to Teachers on Income Tax (2025)
Federal Tax Ombudsman Secretariat Islamabad issued a Notification on 21-04-2025 in connection with a 25% Rebate to Teachers on Income Tax. Now the teachers will have to deduct 75% of the total income tax applicable on their gross salary. The details are as follows:
NA Bill Regarding FG Employees Group Insurance and Benevolent Fund 2024
I am sharing the details of the Bill Regarding FG Employees Group Insurance and Benevolent Fund 2024. The bill has been presented in the National Assembly of Pakistan. The details are as follows:
Notification Rates of Profit @ 13.97% Applicable on Subscriptions and Balances 2023-24
Government of Pakistan Finance Division issued a Notification on 01-10-2024 concerning Rates of Profit @ 13.97% Applicable on Subscriptions and Balances 2023-24. The details are as follows: