Board Meeting Remuneration 2024, finance division has been clarified through the official memorandum O.M No. 2(1)R-4/2004-pt dated 11th July 2024. This document provides important guidelines and clarifications regarding the remuneration received by government officers for their participation in board meetings. The Finance Division aims to ensure transparency and consistency in the compensation of government officers across various departments.
Board Meeting Remuneration : Federal Government, Islamabad Clarification
The Finance Division of the Federal Government of Pakistan has issued clarifications regarding renumeration received by officers during Board Meeting. These clarification have been issued through memorandum O.M No. 2(1)R-4/2004-pt dated 11th July 2024 as detailed below.
SUBJECT: RESTRICTION ON THE REMUNERATION RECEIVED BY GOVERNMENT OFFICERS FROM BOARD MEETINGS
The undersigned is directed to refer to this Division’s O.M No. 2(1)R-4/2004-Pt dated 11th July, 2024 on the above captioned subject and to state that it has been come to the notice of Finance Division that confusion exists with regard to implementation of Cabinet decision No. 172/21/2024 dated 12.06.2024.
2. It has, therefore, been decided to re-iterate those instructions that the government servants appointed to the Board of Companies/Organizations and who become entitled to fee, shall only be allowed to retain remuneration to a maximum of Rs. 1.0 million (Rupees one Million only) in a financial year. Any amount in excess of Rs. 1.0 million (Rupees one Million only) so received shall be deposited by the officer in the Government treasury and record of the same shall be promptly provided to the Administration wing of the respective Ministry/Division
(Hafsa Majeed)
Section Officer (R-4)
Board Meeting Remuneration clarification notifications’ Copies sent to :
All Federal Ministries/ Divisions/ Departments
- Principal secretary to President, President’s Secretariat (Public), Islamabad.
- Principal secretary to President, President’s Secretariat (Personal ), Islamabad.
- Principal Secretary to Prime Minister, Prime Mister’s Office (Internal), Islamabad
- Principal Secretary to Prime Minister, Prime Mister’s Office (Public), Islamabad
- Speaker, National Assembly secretariat, Islamabad
- Secretary Senate Secretariat, Islamabad.
- Registrar, Supreme Court of Pakistan, Islamabad.
- Auditor General, Audit General of Pakistan, Islamabad
- AGPR, Islamabad.
- Lahore.
- AGPR, Peshawar.
- AGPR, Karachi.
- AGPR, Quetta.
- Military Accountant General (MAG), Rawalpindi.
- Chief Secretary Punjab, Lahore
- Chief Secretary Sindh, Karachi
- Chief Secretary Khyber Pakhtunkhwa, Peshawar.
- Chief Secretary Baluchistan Quetta.
- Chief Secretary Azad State of Jammu & Kashmir, Muzaffarabad.
- Chief Secretary Gilgit-Baltistan.
- Chairman Capital Development Authority Islamabad.
- Cost Accounts Organization, Islamabad
The image of the Bard Meeting Remuneration notification is given below:
It is to be noted that earlier Earlier Finance Division had issued notification in which it was mentioned that the undersigned directs refer to cabinet decision No. 172/21/2024 dated 12.06.2024. The U/S says that the government servants appointed to the Board of Companies/ Organizations and who become entitled to a fee shall only be allowed to retain remuneration to a maximum of Rs. 1.0 Million (Rupees one million only) in a financial year. Any amount in access of Rs. 1.0 million (Rupees one million only) so the employees shall have to deposit in the government treasury. They will promptly provide a record of the same to the administration wing of the respective Ministry/ Division.