Good News for the government employees from FBR

Good News for the government employees from FBR

The interim Prime Minister has granted a 140 percent executive allowance to officers in grade 17 or higher within the Federal Board of Revenue.Following a recommendation from the Finance division, the Prime Minister has given approval to a proposal addressing the rationalization of allowances for FBR headquarters.

In connection with this matter, the interim Prime Minister has sent a letter to the FBR Chairman concerning the adjustment of allowances within the FBR.

As per the Prime Minister's approved summary, this allowance will be effective from November 1, 2023, and the FBR will cover the associated expenses from its allocated budget for the fiscal year 2023-24.

A senior FBR official confirmed that the Prime Minister has endorsed a 140% allowance for officers serving at FBR headquarters. It is estimated that FBR will need to allocate an additional approximately Rs. 300 million for this allowance in the current fiscal year.

Previously, in July 2023, the Finance division, acting on FBR's recommendation, had requested the Prime Minister's office not only to unfreeze the Performance Allowance for 1,724 field formation officers but also to implement a 40 percent disparity reduction allowance for all employees (BS 1 to 16). However, the previous government did not approve this proposal.