Dhaka, Oct. 21 -- The government has increased the house rent for the teachers and employees of Monthly Payment Order (MPO) listed non-government educational institutions to 15 percent. The government approved such increase in the house rent allowance for teachers and employees of MPO-listed non-government educational institutions to be implemented in two phases subject to fulfillment of some conditions.

"The allowance will be set at 7.5 percent of the basic salary (with a minimum of Tk 2,000) to be effective from November 1, 2025. A further 7.5 percent increase will take effect from July 1, 2026, bringing the total to 15 percent of the basic salary," said an official order of the Finance Division issued here today.

The Finance Division...