Saturday 24 May 2014

Minimum Wage in Pakistan is 10,000 Rupees presently

ISLAMABAD: The minimum wage of the federal government employees has been raised up to Rs 10‚000 per month, Finance Minister Ishaque Dar announced on Friday.
The finance minister said while winding up debate on new budget in the Senate on Friday that reducing fiscal deficit is a big challenge for the government but hoped it would succeed in achieving the goal.
Dar said that the government fully respects the verdict of the Supreme Court on imposing additional GST.
However‚ the finance minister said that in his personnel opinion enhancing GST was not illegal. He urged the parliament to make legislation to abolish 1931 act.
Ishaque Dar said the government is determined to take all decisions in the parliament.
The finance minister said that there will be no additional tax imposed on salary persons drawing 2.5 million rupees annually. He said that we have taken strict decisions to correct the direction of our economy.
Meanwhile, the Senate unanimously approved the budgetary recommendations on the Finance Bill‚ 2013 containing the Annual Budget Statement.
The Senate resumed its session in Islamabad on Friday with Chairman Syed Nayyar Hussain Bukhari in the chair.
Standing Committee on Finance Chairperson Nasreen Jalil laid before the House the report of the committee on the proposals for making recommendations on the finance bill.
Two reports were presented before the House today.
Chairman‚ Standing Committee on Interior and Narcotics Control Muhammad Talha Mahmood presented the report of the Committee on the inordinate delay in issuance of Passports by the Directorate General of Immigration and Passports‚ Islamabad. While Standing Committee on Industries and Production Chairman laid the report of the Committee for the period from March 2012 to March 2013.

The Minimum Wage is 10,000 in Punjab currently till the next notification comes..

Govt of the Punjab Labour & Human Resource Department has issued Notification No. SO (D-II)MW/2011(P-II) dated 4th September 2013 in connection with the Minimum Wages Rates.
The minimum rates of wages for adult unskilled and juvenile workers employed in any industry as under:
a-      Rs. 384.62/- per day (for eight working hours)
b-      Rs. 10000/-  per month (for twenty six working days)
The following reduction shall be followed from the wages of workers for providing housing accommodation and transport subject to agreement between the employer and the workers:
a-      For providing housing accommodation Rs. 150/- per month
b-      For providing transport  Rs. 30/- per month
Adult female workers shall get the same minimum wages as a male worker for work of equal value (vide Rule 15of the West Pakistan Minimum Wages Rules, 1962)
The daily/weekly working hours, condition of overtime work, work on weekly days of rest and paid holidays etc shall be regularized by the Finance Act 1934 (Act XXVI of 1934), Payment of Wages Act, 1936 (No. IV of 1936) and other relevant laws.
This Notification shall be effective with effect from 1st July 2013.