Vide No. SO(SE-III) 2-16/2007 Govt. of the Punjab School Education Department , Dated Lahore the 6th  March 2016 , All those who acquires / processes the degree of M.Phil (Specific Subject) recognized by the HEC shall be allowed M.Phil allowance @ 50% of  amount of Ph.D allowance (i.e. R.s 10,000/-  per month) with effect from 1st Feb 2013.

Download attached  Notification M.Phil , Ph.d Allowancetification