PM Imran okays 44pc rise in rental ceiling of federal employees

11:53 AM | 13 Sep, 2021
PM Imran okays 44pc rise in rental ceiling of federal employees
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ISLAMABAD – Prime Minister Imran Khan has approved a 44 percent surge in the rental ceiling for federal government employees, it emerged on Sunday.

A notification issued by the Prime Minister's Office confirmed the major hike in the house rent of federal employees. It will be applicable to all employees from grade 1 to grade 22.

Furthermore, the increase in the rental ceiling will also be applicable to employees stationed in different cities including Islamabad, Rawalpindi, Lahore, Karachi, Peshawar, and Quetta.

Previously, a notification issued on 30th July by the Ministry of Housing & Works stated that the rent of residential as well as non-residential buildings shall stand automatically increased at the end of every 03 years of its tenancy by 25 percent of the rent already being paid by the tenant.

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According to the economic survey, the recent inflation has had an impact on the rates of land and buildings resulting in an increase in the rates of rent.