https://www.taxtmi.com/acts?id=32147 The amendment raises the baseline monetary amounts in sub-section (1) and its proviso of section 8A, increasing the specified pension-related allowances. It inserts sub-section (1A) providing that pension and additional pension shall be increased every five years commencing 1st April, 2023, and that such increases shall be based on the Cost Inflation Index specified in the Explanation to section 48 of the Income-tax Act, 1961. en-us Mon, 19 Mar 2018 16:35:14 +0530 Mon, 19 Mar 2018 16:35:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=32147 The amendment raises the baseline monetary amounts in sub-section (1) and its proviso of section 8A, increasing the specified pension-related allowances. It inserts sub-section (1A) providing that pension and additional pension shall be increased every five years commencing 1st April, 2023, and that such increases shall be based on the Cost Inflation Index specified in the Explanation to section 48 of the Income-tax Act, 1961. Act-Rules F. Acts / Amendment Acts Mon, 19 Mar 2018 16:35:14 +0530 https://www.taxtmi.com/acts?id=32147