https://www.taxtmi.com/acts?id=31932 The Bill amends the Act to increase members' basic salary and to provide that salary and daily allowance shall be increased every five years from 1 April 2023 based on the Cost Inflation Index; it omits clause (a) of section 4 and alters clauses (b) and (c) to limit travelling reimbursement to a single air fare and a single steamer fare respectively; it raises base pension and per-year additional pension for service beyond five years and provides five-year indexation of pensions from 1 April 2023; and it removes a 2006 amendment reference in section 8AC to prevent retrospective interpretive confusion from 15 September 2006. en-us Thu, 01 Feb 2018 18:26:22 +0530 Thu, 01 Feb 2018 19:14:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31932 The Bill amends the Act to increase members' basic salary and to provide that salary and daily allowance shall be increased every five years from 1 April 2023 based on the Cost Inflation Index; it omits clause (a) of section 4 and alters clauses (b) and (c) to limit travelling reimbursement to a single air fare and a single steamer fare respectively; it raises base pension and per-year additional pension for service beyond five years and provides five-year indexation of pensions from 1 April 2023; and it removes a 2006 amendment reference in section 8AC to prevent retrospective interpretive confusion from 15 September 2006. Act-Rules Bills Thu, 01 Feb 2018 18:26:22 +0530 https://www.taxtmi.com/acts?id=31932