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Amendment of section 8AC

Clause 142 - Bills - AMENDMENTS TO THE SALARY, ALLOWANCES AND PENSION OF MEMBERS OF PARLIAMENT ACT, 1954 - FINANCE BILL, 2018 - Clause 142 - 142. . In the principal Act, in section 8AC, in sub-section (2), the words, brackets and figures before the c .....

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eeks to amend the Salary, Allowances and Pension of Members of Parliament Act, 1954. Section 3 of the said Act relates to salaries and allowances to the Members of Parliament. It is proposed to amend the said section to enhance the salary of members .....

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rs commencing from 1st April, 2023 on the basis of Cost Inflation Index provided under clause (v) of section 48 of the Income-tax Act, 1961. Section 4 of the aforesaid Act relates to travelling allowances. It is proposed to omit clause (a) of the sai .....

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ir fare for journey by air. It is also proposed to amend clause (c) of the aforesaid section so as to reimburse one fare for the journey performed by steamer. Section 8A of the aforesaid Act relates to pension. It is proposed to amend sub-section (1) .....

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