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Amendment of section 3

Clause 139 - Bills - AMENDMENTS TO THE SALARY, ALLOWANCES AND PENSION OF MEMBERS OF PARLIAMENT ACT, 1954 - FINANCE BILL, 2018 - Clause 139 - 139. . In the Salary, Allowances and Pension of Members of Parliament Act, 1954 (30 of 1954) (hereafter refer .....

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(1) as so renumbered, the following sub-section shall be inserted, namely:- (2) The salary and daily allowance of members shall be increased after every five years commencing from 1st April, 2023 on the basis of Cost Inflation Index provided under cl .....

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allowances to the Members of Parliament. It is proposed to amend the said section to enhance the salary of members from the existing fifty thousand rupees per mensem to one lakh rupees. It is also proposed to insert a new sub-section (2) in the said .....

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1961. Section 4 of the aforesaid Act relates to travelling allowances. It is proposed to omit clause (a) of the said section which relates to reimbursement of one first class rail fare plus one second class fare in respect of journey performed by the .....

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y performed by steamer. Section 8A of the aforesaid Act relates to pension. It is proposed to amend sub-section (1) of the said section so as to enhance the pension from the existing twenty thousand rupees per mensem to twenty-five thousand rupees pe .....

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