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of <h1>NFRA Rules 2018: Chairperson and Members' Salary Options Explained, Including Consolidated Pay and Allowances.</h1> The National Financial Reporting Authority (NFRA) Rules, 2018, detail the salary and allowances for the Chairperson and full-time members. The Chairperson can choose between a consolidated monthly salary of 5,62,500 without housing and transportation, or the pay and allowances equivalent to a Secretary to the Government of India. Full-time members have a similar option for a consolidated salary of 5,00,000 or allowances akin to an Additional Secretary. If receiving a government pension, their pay is reduced by the pension amount. For certain appointments, pay is capped at 2,25,000 per month based on previous employment levels.
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