25% Disparity Reduction Allowance For NTDC Employee Notification 2021

National, Transmission and Dispatch Co. LTD has issued the official letter on 7th April, 2021 in connection with grant of 25% disparity reduction allowance for NTDC notification 2021.

The detail of said notification in same is as under;

In pursuance of Company Secretary’s Letter No, NTDCICS/601 dated 07.04.2021. approval of Board of Directors, NTDC through Resolution by Circulation No. 422 is hereby conveyed for adopting Finance Division, Government of Pakistan OM F.No.1401R-3/2021-90 dated 3 March 2021 regarding Grant of Disparity Reduction Allowance a 25% of the basic pay of Basic Pay Scales 2017 w.e.f. 1st March 2021 to NTDC employees in BSP-1 to BPS-19 subject to the following terms and conditions.

  1. The allowance will not be admissible to those employee who have been allowed additional allowance/allowances equal to or more than 100% of the basic pay (whether frozen or not) or performance allowance.
  2. This allowance will be frozen at the level drawn on 1st March 2021.
  3. This allowance will be subject to income tax.
  4. This allowance will be admissible during leave and entire period of L.P.R except during extra ordinary leave.
  5. This allowance will not be treated as part of emoluments for the purpose of calculation of Pension/Gratuity and recovery of House Rent.
  6. This allowance will not be admissible to the employees during the tenure of their
    posting/deputation abroad.
  7. This allowance will not be admissible to the employees on their repatriation from
    posting/deputation abroad at the rate and amount which would have been admissible to them, had they not been posted abroad.
  8. This allowance will be admissible during the period of suspension:
  9. The term “Basic Pay” will also include the amount of Personal Pay granted son account of annual increment(s) beyond the maximum of the existing pay scales.

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