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<h1>Central Government Appoints New Whole Time Member to SEBI for Five-Year Term Under SEBI Act, 1992.</h1> The Central Government has appointed an individual as a Whole Time Member (WTM) of the Securities and Exchange Board of India (SEBI). This appointment is made under the authority of the Securities and Exchange Board of India Act, 1992, and relevant rules. The appointed member will receive a pay scale equivalent to an Additional Secretary to the Government of India or a consolidated salary of Rs. 2,50,000 per month. The term is for five years, up to the age of 65, or until further orders, whichever comes first. The notification is issued by the Ministry of Finance, Capital Market Division.