The Central Government on Monday announced a 24-per cent hike in the salaries of members of Parliament with effect from April 1, 2023 on the basis of the Cost Inflation Index.
The Ministry of Parliamentary Affairs issued the notification which includes an increased daily allowances for sitting members along with pension and additional pension for every year of service in excess of five years for former members.
New Pay Scale Of Members of Parliament
A member of Parliament will now get Rs 1.24 lakh per month as salary as against Rs 1 lakh per month they received earlier.
The daily allowance too has been increased from Rs 2,000 to Rs 2,500, the notification said.
The pension for former members of Parliament has been increased from Rs 25,000 per month to Rs 31,000 per month.
The additional pension for every year of service in excess of five years has been increased from Rs 2,000 per month to Rs 2,500 per month.
The increase in the salary has been notified in exercise of the powers granted under the Salary, Allowances and Pension of Members of Parliament Act on the basis of the Cost Inflation Index specified in the Income Tax Act of 1961.
