Author: arshad

Rate of Mark-Up on State of Provident Fund dt 01.09.2024OFFICE MEMORANDUMSubject: Rate of Mark-Up on State of Provident FundI am directed to refer to this department’s letter of even number dated July 11, 2023 on the subject cited above and to state that it has been decided that a profit rate of 13.97% per annum shall apply during the financial year 2023-2024 to the State Provident Fund i.e. General Provident Fund. This rate, however, shall not apply in the case of subscribers who are entitled, under the rules of a particular fund, to a different rate of interest.

Amendment in PPRA rules dt 20.09.2024OFFICE MEMORANDUMAmendment in PPRA ruleso. SO(CAB-I) 2-9/2015.- In exercise of the powers conferred under section 26 of the Punjab Procurement Regulatory Authority Act, 2009 (VIII of 2009), Governor of the Punjab is pleased to make the following amendments in the Punjab Procurement Rules 2014, with immediate effect:-AMENDMENTSIn the Punjab Procurement Rules 2014: (ii) for the word “seventy five”, the words “two hundred” shall be sub still and(b) in clause (b):(i) for the word “seventy five,” the word “two hundred” shall be sub still and(ii) for the words “but less than”, the words “and up to”…

Annual Increase In Pension dt 10.09.2024OFFICE MEMORANDUMSubject: Annual Increase In Pension Reference subject noted above.2. On the recommendations of Pay and Pension Commission- 2020, it has been decided that henceforth annual increase in pension shall be granted at 80% of average inflation rate for the last two years. For this purpose, the Year-on-Year Consumer Price Index (CPI) as announced by State Bank of Pakistan shall be used as reference.3.Existing instructions on the subject shall stand amended to the extent of above with immediate effect.The subject “Annual Increase in Pension dt 10.09.2024” refers to changes or adjustments made to the pensions…

Prison Security Allowance – @ One Month Initial Basic Pay 2017 dt 22.11.2021OFFICE MEMORANDUMSubject: Prison Security AllowanceNo.FD.PR.6-8/2004. In pursuance of the approval of the Competent Authority, the Governor of Punjab is pleased to grant of Prison Security Allowance @ One Month Initial Basic Pay of Basic Pay Scales, 2017 w.e.f. 01.11.2021 to the officers/officials of Prison Department2.With the introduction of the subject allowance, existing Prison Allowance granted vide Notification No. SO (Prs)18-24/2009 dated 23.03.2010 will be discontinued.The said allowance will not be admissible to the following officers/officials:The “Prison Security Allowance” mentioned as “@ One Month Initial Basic Pay 2017 dt…

Prison Allowance to Prison Staff w.e.f 01.07.2022 dt 22.07.2022OFFICE MEMORANDUMSubject: Prison Allowance to Prison StaffNo.FD.PR.6-8/2004. In pursuance of the approval of the Provincial Cabinet, the Governor of Punjab is pleased to grant Prison Allowance to the Officers/ Officials of Prison Department w.e.f. 01.07.2022 at the following rates:Sr. No.BPSRate Of Prison Allowance (Rs)11-43,000/-25-115,000/-312-167,500/-41740,000/-51860,000/-61970,000/-72095,000/-8211,00,000/-The said allowance will not be admissible to the following officers/Officers/Officials under suspension.Officers/Officials who have been made OSDS or who have been directed to report to the Prisons Department/Home Department/S&GAD on the charges of inefficiency/misconduct or indiscipline.When Officer/Official is on leave beyond 90 days, extra ordinary leave, study leave…

Waiver Of Recovery Of Overpayment In Case Of Inadmissible Advance Increments -Judgment 31.01.2000OFFICE MEMORANDUMSubject: Waiver Of Recovery Of Overpayment In Case Of Inadmissible Advance Increments Learned counsel for petitioner after examining reply filed by respondents and the Prospectus of Government College of Technology. Road Campus, Lahore does not press the petition, provided in dance with dictum laid by this Court in case Engineer-in-Chief Branch (PLD 1992 SC 207) respondents are restrained from recovering the amount already received by petitioner. Learned Additional Advocate-General in view of said reported judgement does not object to the same Even otherwise it is quite apparent…

Tax Exemption Certificate on 0% rate Supplies dt 10.07.2024OFFICE MEMORANDUMSubject: Tax Exemption Certificate It is apprised that before promulgation of Finance Act, 2024, the Commissioner was empowered to issue withholding tax exemption certificate at zero or reduced rate certificate under section 153(4) of the Income Tax Ordinance, 2001 subject to discharge of advance tax liability. Through Finance Act 2024, certain changes have been made in this regard. Your attention is invited towards amendment brought in sub-section 153(4) of the Income Tax Ordinance. 2001 through Finance Act, 2024 which is reproduced hereunder for the sake of ease :-“(4) The Commissioner may, on…

Regular Appointment Under Prime Minister Package To Families Of Government Servant Who Die In Service – Federal dt 23.12.2023OFFICE MAMORANDUMSubject: Regular Appointment Under Prime Minister Package To Families Of Government Servant Who Die In Service The undersigned is directed to refer to this Division’s O.M No. 7/40/2005-E.2 dated 13-06-2006 and O.M. 8/10/2013-E-2 dated 04-12-2015 on the above noted subject and to state that the Prime Minister has been pleased to approve following amendment / addition under the item “Employment”:2. The Prime Minister has further been pleased to approve that the services of contract employees appointed under PMAP-2006 and PMAP-2015, who…

Printing of Vendor Name and Account Number on System Generated Cheques -AG dt 01.01.2024OFFICE MEMORANDUMSubject: Printing of Vendor Name and Account Number on System Generated ChequesPUC is a letter received from Director FABS on the directions of the Controller General of Accounts, Islamabad vide No. CGA/FABS/CGA/2018/509 dated 28.11.2023.02- As per directive cheques printed through SAP system must contain Vendor Name and Bank Account number for vendors of Companies, Business Owners, Firms and all Employees (Government and Non Government).03- As per FABS and SAP – CC consultant, to update vendor record in SAP Vendor Master Data, Vendor Name is written in…

Regularization of School Guards under the Punjab Regularization Act 2018 dt 13.02.2023OFFICE MEMORANDUMSubject: Regularization of School Guards under the Punjab Regularization I am directed to refer to letters from different District Education Authorities received for seeking advice regarding regularization of School Guards.2.The matter has been examined and found that:- (b) Regular vacancy allocated for initial recruitment is available for regularization.”3.Therefore, the School Guards cannot be regularized as per act and policy.The school guards were hired temporarily under a special policy after the tragic Army Public School attack in 2014. This policy, called the Recruitment Policy 2015, was created by the…