Posted inEmployees Corner Notifications Pay and Allowances

Grant of Adhoc Relief Allowance 2013 @ 10% to the Executive/Supervisory Staff of Autonomous/Semi Autonomous Bodies/Corporations

Finance Division Regulation Wing has issued Notification No. F.4 (3) R-4/2011 dated 10th September 2013 in connection with the 10% Adhoc Relief Allowance of the Basic Pay to the Executive/Supervisory Staff of the Autonomous/Semi Autonomous Bodies/Corporations etc wef 1st July 2013. This allowance will only be applicable to those corporations/autonomous bodies’ employees who have totally adopted the Basic Pay Scales of the Federal Govt.

Posted inAdvances Employees Corner

NBP Interest Rate for Advance Salary Loan

I am today giving you the information about the Interest Rate for the Advance Salary Loan for the Employees. The Interest rate for NBP as on 11-09-2013 is 19% which is the lowest as compared to all the other banks. These interest rates are variable from time to time. National Bank of Pakistan grants Advance Salary Loan from a period of 01 year to 05 years. You can calculate yourself the amount of interest and all other details of loan with the help of Advance Salary Loan Calculator whose detail I have already given you in my previous posts. I will show you here some calculations on the base of 19% interest rate. Note these are all rough calculations; there may be variation according to the bank policies.

Posted inEmployees Corner Provincial Govt Employees Up-Gradation & Promotion of Employees

Provision of Documents Regarding Promotion of SSTs as SS

The Director (Admn-Male) for Director Public Instruction (SE) Punjab Lahore has submitted a circular No. 7472/AD(C-I) dated 11th September 2013 to all the District Education Officers, Punjab (SE) to provide the following information/documents of each SST for promotion as SS within the targeted date i.e 25-09-2013. After this date no case of promotion will be considered and the concerned SST as well as the DEO will be held responsible in this regard and no excuse will be accepted. The detail is shown in the picture/circular in connection with the subject case.

Posted inEmployees Corner Notifications Up-Gradation & Promotion of Employees

Modification in Date of Up-gradation of Junior Accountant in Pakistan Post

Junior Accountants in Pakistan Post were upgraded from BPS-12 to BPS-16 wef 19-07-2011 vide Notification No. Even dated 21-07-2011. Now the up-gradation of these Junior Accountants has been granted wef 12-09-2005 vide the Director General Pakistan Post Islamabad Notification No. Estt.2-7/2007 (KW) (Pt) dated 2nd September 2013.

Posted inCourt Cases Employees Corner Pay and Allowances

Decision of Supreme Court of Pakistan Regarding the Inclusion of 5 Adhoc Allowances in Pension Setting Aside the Decision of FST

The Supreme Court of Pakistan has given its decision on 7th August 2013 in connection with the Inclusion of Adhoc Allowances Reckonable towards Pension. But it is sad news for the pensioners that the SCP has given its decision against the willing of the pensioners. SCP has set aside the decision of FST dated 22nd February 2012. Some salient points about this case are as under: