Government raises MPs’ salaries by 24% to Rs 1.24 lakh/month; concerns raised over tax implications and MPLADS funds.

The Indian government recently revealed a substantial 24% salary hike for Members of Parliament (MPs), raising their monthly salary to Rs 1.24 lakh, effective from April 1, 2023. In addition to the salary increase, daily allowances, pensions, and constituency allowances for MPs have been raised as well. While this announcement was generally well-received by most MPs, Congress MP Harish Meena expressed concerns about the net gain for MPs after factoring in tax implications. Some MPs have also called for an increase in MPLADS (Members of Parliament Local Area Development Scheme) funds alongside the salary hike. The decision to raise the salaries of MPs has sparked discussions and debates among politicians and the public alike. This move by the government aims to ensure that MPs are adequately compensated for their service and to attract qualified individuals to serve in public office. Stay updated for more developments on this topic.

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