{"id":38399,"date":"2022-02-24T07:30:52","date_gmt":"2022-02-24T02:30:52","guid":{"rendered":"https:\/\/pni.net.pk\/en\/?p=38399"},"modified":"2022-02-24T02:38:21","modified_gmt":"2022-02-23T21:38:21","slug":"finance-ministry-notifies-grant-of-15-disparity-reduction-allowance-from-march-1","status":"publish","type":"post","link":"https:\/\/pni.net.pk\/en\/pakistan-news\/finance-ministry-notifies-grant-of-15-disparity-reduction-allowance-from-march-1\/","title":{"rendered":"Finance Ministry notifies grant of  15% Disparity Reduction Allowance from March 1"},"content":{"rendered":"<p>ISLAMABAD, Feb 23 (APP):The Ministry of Finance and Revenue on Wednesday notified that the Federal Government had approved grant of &#8216;Disparity Reduction Allowance&#8217; of 15 percent of the basic pay of basic pay scales 2017 with effect from March 1.<\/p>\n<p>&#8220;This allowance shall be admissible to civil employees in BPS 1-19 of the Federal Government, (including employees of the Federal Secretariat, attached departments and subordinate offices), who have never been allowed additional allowance \/ allowances equal to or more than 100 percent of the basic pay (whether frozen or not) or performance allowance subject to the following conditions,&#8221; the ministry notification said.<\/p>\n<p>The ministry said,&#8221;This allowance will not be admissible to the employees of the organizations, who are drawing additional allowance\/allowances equal to or more than 100 percent of the basic pay (whether frozen or otherwise).&#8221;<\/p>\n<p>According to the notification, the allowance would be frozen at the level drawn on March 1, 2022 and would also be subject to income tax.<br \/>\nIt said,&#8221;This allowance will be admissible during leave and the entire period of L.P.R. except during extra ordinary leave.<\/p>\n<p>&#8220;This allowance will not be treated as part of emoluments for the purpose of calculation of pension\/gratuity and recovery of house rent,&#8221; the notification said, adding it would not be admissible to the employees during the tenure of their posting \/ deputation abroad.<\/p>\n<p>&#8220;The allowance will be admissible to the employees on their repatriation from posting\/deputation abroad at the rate and amount which would have been admissible to them, had they not been posted abroad.&#8221;<\/p>\n<p>The allowance would also be admissible during the period of suspension, it added.<\/p>\n<p>The term &#8220;Basic Pay&#8221; would also include the amount of Personal Pay granted on account of annual increment(s) beyond the maximum of the existing pay scales, the notification said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD, Feb 23 (APP):The Ministry of Finance and Revenue on Wednesday notified that the Federal Government had approved grant of &#8216;Disparity Reduction Allowance&#8217; of 15 percent of the basic pay of basic pay scales 2017 with effect from March 1. &#8220;This allowance shall be admissible [&#8230;]<\/p>\n<p>\n","protected":false},"author":2,"featured_media":38404,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[17161],"class_list":["post-38399","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan-news","tag-finance-ministry-notifies-grant-of-15-disparity-reduction-allowance-from-march-1"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.1.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Finance Ministry notifies grant of 15% Disparity Reduction Allowance from March 1<\/title>\n<meta name=\"description\" content=\"Finance Ministry notifies grant of 15% Disparity Reduction Allowance from March 1\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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