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of <h1>Finance Bill 2018 Proposes Amendment to Increase Retiring Vice-Presidents' Office Expense Allowance Under Section 2 of Pension Act</h1> Clause 201 of the Finance Bill, 2018 proposes an amendment to section 2 of the Vice-President's Pension Act, 1997. This amendment specifically targets sub-section (2), clause (c), which currently provides for an annual payment of office expenses amounting to sixty thousand rupees to retiring Vice-Presidents. The proposed change seeks to increase this amount to ninety thousand rupees annually, effective from April 1, 2018.
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