https://www.taxtmi.com/acts?id=31927 The Bill raises member salary and pension levels, restructures travel reimbursements by removing the dual rail-fare entitlement and limiting air and steamer fares to single reimbursements, and increases pension floors and per-year additional pension. It establishes that salary, daily allowance, pension and additional pension shall be increased every five years from 1 April 2023 based on the Cost Inflation Index. A commencement clause makes Part V effective from 1 April 2018, and the family pension provision is amended to remove a reference to the earlier amendment Act to avoid retrospective interpretation issues. en-us Thu, 01 Feb 2018 18:25:53 +0530 Thu, 01 Feb 2018 19:14:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31927 The Bill raises member salary and pension levels, restructures travel reimbursements by removing the dual rail-fare entitlement and limiting air and steamer fares to single reimbursements, and increases pension floors and per-year additional pension. It establishes that salary, daily allowance, pension and additional pension shall be increased every five years from 1 April 2023 based on the Cost Inflation Index. A commencement clause makes Part V effective from 1 April 2018, and the family pension provision is amended to remove a reference to the earlier amendment Act to avoid retrospective interpretation issues. Act-Rules Bills Thu, 01 Feb 2018 18:25:53 +0530 https://www.taxtmi.com/acts?id=31927