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MPs to earn ₹1.24 lakh, over 8 times average Indian's income
March 25, 2025
|Mint Mumbai
With this increase, MPs' daily allowance increases by 25% from ₹2,000 to ₹2,500
The government has approved a hefty 24% hike in the pay packets and pensions of members of Parliament (MPs), with retrospective effect from 1 April 2023.
The revision, carried out under the Salary, Allowances and Pension of Members of Parliament Act, 1954, is linked to the Cost Inflation Index specified in the Income Tax Act, 1961.
With this increase, MPs' monthly salary rises from ₹1 lakh per month to ₹1.24 lakh, while their daily allowance increases by 25% from ₹2,000 to ₹2,500, as per a ministry of parliamentary affairs notification issued on Monday.
هذه القصة من طبعة March 25, 2025 من Mint Mumbai.
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