Detecting locationโ€ฆ
Breaking News

TESCO Approves 7% Relief Allowance And Pay Benefits

TESCO Approves 7% Relief Allowance And Pay Benefits

Tribal Areas Electricity Supply Company (TESCO) has approved several financial benefits for its employees. The changes include allowances and a major increase in conveyance support.

According to a company notification, employees will receive a 7% Ad Hoc Relief Allowance. The allowance will be calculated on their running basic pay.

TESCO has also approved a 15% Disparity Reduction Allowance for employees. The allowance will apply to staff from BPS-1 to BPS-22.

The notification said the allowance will use basic pay as of June 30, 2022. The decision covers employees across the specified pay scales.

The company has also approved a 50% increase in conveyance allowance. The revised allowance will take effect from July 1, 2026.

Employees with disabilities will receive an additional benefit under the revised structure. Their monthly conveyance allowance has been increased from Rs6,000 to Rs10,000.

The revised pay scales and allowances will apply from July 1, 2026. Employees will receive the approved benefits according to the notification.

The latest decisions are expected to provide financial relief to TESCO employees. The increase in allowances will affect different categories of staff.

The 50% increase in conveyance allowance is among the major changes announced by TESCO. It will provide additional support for employees facing commuting expenses.

Employees with disabilities will receive a particularly higher conveyance allowance. Their monthly amount will rise by Rs4,000 under the revised arrangement.

The new allowance structure comes amid broader salary revisions for government employees. The federal government has also announced salary increases in the 2026-27 budget.

Federal Finance Minister Muhammad Aurangzeb announced a 7% salary increase for government employees. Retired employees will also receive a 7% increase in pensions.

The announcement was made during the presentation of the federal budget. The budget covers the next financial year.

The government has also announced an increase in the minimum wage. The minimum wage for workers will rise by 10% during the next financial year.

TESCO’s latest notification provides additional allowances for its employees. These measures are separate from the broader federal budget announcements.

The Ad Hoc Relief Allowance is intended to provide additional financial support. The Disparity Reduction Allowance will cover employees across BPS-1 to BPS-22.

The conveyance changes will also affect employees from different categories. The higher allowance is expected to help address rising transportation costs.

The increase will be implemented according to the effective date stated in the notification. Employees should receive the revised benefits from July 1, 2026.

The revised allowances reflect ongoing efforts to provide financial support to employees. TESCO has approved multiple changes covering pay and transportation benefits.

The 7% relief allowance will be based on running basic pay. Meanwhile, the 15% disparity allowance will use the specified 2022 basic pay.

The company has clearly outlined the effective date for all revised benefits. The changes will apply from July 1, 2026.

The latest increase in conveyance support is expected to benefit employees facing higher travel costs. Disabled employees will receive an even larger adjustment.

Overall, the notification provides several financial benefits to TESCO staff. The approved increase in allowances will take effect alongside the revised pay structure.

These measures come as salary and pension revisions gain attention across Pakistan. The federal budget has also provided a 7% increase for government employees and pensioners.

In other news read more about: Big Relief Incoming! Govt Employees to Get Massive 85% Allowance Boost

Picture of M Zain Ali Mirza

M Zain Ali Mirza

Zain is a news writer passionate about delivering clear, factual, and timely stories that keep readers informed. With a strong focus on truth, accuracy, and clarity, he create engaging news pieces that simplify complex issues forย everyย reader.
Facebook
Twitter
LinkedIn
Pinterest
WhatsApp

M Zain

Zain is a news writer passionate about delivering clear, factual, and timely stories that keep readers informed. With a strong focus on truth, accuracy, and clarity, he create engaging news pieces that simplify complex issues forย everyย reader.

Trending

Latest