TNI Bureau: Union Government has approved a hike in the salaries, daily allowances, and pensions of Members of Parliament, effective from April 1, 2023.
According to a gazette notification issued by the Ministry of Parliamentary Affairs on Monday, salary of Lok Sabha and Rajya Sabha MPs has been increased by 24% from Rs 1 lakh to Rs 1.24 lakh. The daily allowance has also been raised from Rs 2,000 to Rs 2,500.
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The pension for former Parliamentarians has been hiked from Rs 25,000 to Rs 31,000 per month.
The extra pension for every year of service beyond 5 years has been increased from Rs 2,000 to 2500 per month.
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