ISLAMABAD: The govt has imposed a restriction of Rs1m annually on the remuneration received by govt officers from board meetings.

The FD Regulation Wing while referring to the cabinet decision dated 12-06-24 stated that the govt servants appointed to the Board of companies/bodies and who become entitled to fee shall only be allowed to retain remuneration to a maximum of Rs1m in a financial year.

Retired govt employees’ pensions: Notification likely to be issued very soon

Any amount in access of Rs1m so received shall be deposited by the officer in the govt treasury and the record of the same shall be provided to the administration wing of the respective Ministry/ Division.

Copyright Business Recorder, 2024

Comments

200 characters
Maqbool Jul 11, 2024 08:25am
That’s much more than most private sector public companies .
thumb_up Recommended (0) reply Reply