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Allowances And Pension Of Members Of Parliament

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Salaries, allowances, pensions of MPs hiked; monthly income rises to...

The Centre on Monday notified a 24 percent hike in the salaries of members of Parliament with effect from April 1, 2023, on the basis of the Cost Inflation Index, taking their monthly salaries to......

'Unhappy' with chair, Opposition MPs may exit Waqf panel

Opposition MPs in the parliamentary committee scrutinising the Waqf (Amendment) Bill are scheduled to meet Lok Sabha Speaker Om Birla on Tuesday to protest its chairperson Jagdambika Pal's alleged......

Speaker recognises Rahul as LOP; his first constitutional role

Lok Sabha Speaker Om Birla recognised Rahul Gandhi as the leader of opposition on Wednesday, a day after the Congress communicated its decision to name him for the position to the Lok Sabha......

The pension dilemma: Ring in the old, out with the new?

With organisations like the Bharatiya Mazdoor Sangh, which is a front of the Rashtriya Swayamsevak Sangh, telling Finance Minister Nirmala Sitharaman they want OPS back, the government is in a......

Only Parliament has right to decide on pension of ex-MPs: Govt

The government on Friday took strong exception to the Supreme Court’s observation on pension for MPs, saying it was the sacrosanct right of Parliament to decide on the issue, giving an......

Modi government plans to amend 145-year-old pension law

This Act had to be excluded from the list of the obsolete laws to be repealed as some of its provisions provide security to the pensioners against attachment of pension The Centre is considering to......

Read the fine print: No cash transfer for farmers if....

Families with tax-paying members, government employees, professionals, among those who have been exempted from the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme.  Photograph: Amit Dave......

Low-cost housing scheme likely for EPFO subscribers

Under the proposed scheme, there will be tripartite agreement with member, bank/housing agency and EPFO for pledging future PF contributions as EMI payment.     The government is working......

The chinks in India's arbitration laws

As India's arbitration laws are disconnected from global best practices, global pension and insurance funds are more short-term in their investment outlook in India, operating through the stock......

Jaitley's fifth is a please-all Budget, almost

Jaitley said a 10 per cent tax long on capital gains exceeding Rs 1 lakh made from the sale of shares has been introduced but those made till January 31 would be grandfathered.  A 10 per cent......

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