(1)

A member shall be entitled to receive a salary at the rate [a salary at the rate of [one lakh rupees] [Substituted for the word "a salary at the rate of fifty thousand rupees per mensem " by Act 37 of 2010] per mensem] per mensem during the whole of his term of office [and subject to any rules made under this Act] [Substituted by Act 55 of 1958, s.3 for "plus " (retrospectively). ] [an allowance at the rate of two thousand rupees for each day] [Substituted for the word "an allowance at the rate of two thousand rupees for each day " by Act 37 of 2010] for each day during any period of residence on duty.

[Provided that no member shall be entitled to the aforesaid allowance unless he signs the register, maintained for this purpose by the Secretariat of the House of the People or, as the case may be, Council of States, on all the days (except intervening holidays for which no such signing is required) of the session of the House for which the allowance is claimed.] [Substituted & ins by Act 48 of 1993, s.2 ]

[Provided further that the rates of salary specified in this section shall be applicable from the 18th day of May, 2010] [Substituted by Act 37 of 2010-effective from 18.05.2009.].

(2)

[ The salary and daily allowance of members shall be increased after every five years commencing from 1st April, 2023 on the basis of Cost Inflation Index provided under clause (v) of Explanation to section 48 of the Income-tax Act, 1961.] [Inserted by Finance Act, 2018 (Act No. 13 of 2018), dated 29.3.2018.]