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List of Reputable Accountancy Firms In Islamabad Pakistan

Top Audit Firms   Firm Name International Affiliate Rating  Address Telephone E Mail SBP  GCA  A.F. Ferguson & Co.  PWC A1 6.7 PIA Building 49 Blue Area, Fazl-ul-Haq Road, Islamabad 051 2273457 haider.abbas@pk.pwc.com KPMG Taseer Hadi & Co KPMG A11 5.5 Sixth Floor, State Life Building No. 5, Jinnah Avenue, Islamabad 051 2823558 sajidafarooq@kpmg.com Ernst & Young Ford Rhodes Sidat Hyder & Co  EY A12 7.8 3rd Floor, Eagle Plaza, 75-west, Fazal-ul-Haq Road, Blue Area, 44000 Islamabad 051 2870292/ 2344160/ 2344161 eyfrsh.isb@pk.ey.com BDO Ebrahim & Co  BDO INT A4 3rd Floor 22-East Saeed Plaza Blue Area Jinnah Avenue 051 2876670/ 2604461 infoisl@bdo.com.pk Riaz Ahmad & Company  NEXIA INTL A10 5.75 2-A, ATS Centre, 30-West Fazal-ul-Haq Road, Blue Area,
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Private Sector Employees Retirement Benefits in Pakistan

Gratuity Gratuity is one of three prevalent retirement benefits in the private sector employment. The other two are "Pensions and Provident Fund". It is a "lump-sum" amount of money payable to a worker on leaving service (through retirement, death or termination of service) based on salary (highest or the final salary) and period of service (over and above six months). Gratuity is actually a benefit for services rendered in the past. It is a reward of good, efficient and faithful service for a substantial period of time. Before 1972, gratuity was paid by an employer either on voluntary basis or in consequence of an award by a labor court. However, the Labour Laws Amendments Ordinance, 1972 made payment of gratuity a legal obligation. Amendments were subsequently made in the Standing Order 12 of West Pakistan Industrial and Commercial Establishments (Standing Orders) Ordinance 1968. Gratuity is now a statutory right for workers who have worked at least twe