<h1>Salary adjustment for members of Parliament increases remuneration and allowances under statutory power using cost inflation index basis.</h1> Notification increases salaries, daily allowances and pensions for Members of Parliament by 24% effective April 1, 2023, raising monthly salary, daily sitting allowance, base pension for former members and additional pension for each year of service beyond five years. The revision is made under the Salary, Allowances and Pension of Members of Parliament Act and is calculated on the Cost Inflation Index specified in the Income Tax Act, implemented by a notification issued by the Ministry of Parliamentary Affairs.