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Rule 5 - Remuneration, allowances etc. of the Chairman, Vice-Chairmen and Members of the Commission - Settlement Commission (Income-tax and Wealth-tax) (Recruitment and Conditions of Service of Chairman, Vice-Chairmen and Members) Rules, 2015Extract 5. Remuneration, allowances etc. of the Chairman, Vice-Chairmen and Members of the Commission.- (1)The pay scales of the Chairman, Vice-Chairman and Member shall be as specified below, namely :- Chairman -Rs. 80,000/- (fixed) per mensem Vice-Chairman - Rs. 67,000-79,000/- (annual increment @ 3%) per mensem Member - Rs. 67,000-79,000/- (annual increment @ 3%) per mensem (2) In addition to the salary as specified under sub-rule (1), the Chairman, a Vice-Chairman or a Member shall be entitled to draw such allowances as are admissible to a Group `A Central Government Officer of equivalent grade. Provided that if the Chairman, a Vice-Chairman or a Member is in receipt of pension in respect of any previous service under the Government, such salary shall be reduced by the amount of pension and pension equivalent of gratuity or any other form of retirement benefits.
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