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  • Saturday, 4 November 2017

    IF PENSION OF MEMBERS OF PARLIAMENT ARE EXEMPTED FROM INCOME TAX, SO WHY NOT FOR EX-SERVICEMEN

    1. The Salary, Allowances and Pension of Members of Parliament (Amendment) Act, 1999 (16 Of 1999), Dt. March 22,1999 Published in Received the assent of the President on March 22, 1999 and published in the Gazette of India, Extra., Part II, Section I, dated 22nd March, 1999, pp. 1-3, No. 21

    2. Ins. by Act No. 40 of 2006 w.e.f. 12-9-2006.

    Section 8 AC. Family pension


    1[Family pension. (1) On the death of a member of either House of Parliament during his term of office, his spouse, if any, or dependent of such member shall be paid during the remaining period of life of such spouse or, as the case may be, such dependent so long as such dependent continues to be a dependent within the meaning of clause {ad) of Section 2, family pension equivalent to one-half of the pension which such number of Parliament would have received had he retired (emphasis supplied):

    Provided that no such family pension shall be payable to a dependent if such dependent is a sitting member of Parliament or is drawing pension under Section 8-A.

    (2) The family pension payable under sub-section (1) shall also be payable to the spouse or dependent of a person who was a member of either House of Parliament or the Provisional Parliament at any time before the commencement of the Salary, Allowances and Pension of Members of Parliament (Amendment) Act, 2006 and died after serving as such member:

    Provided that such spouse or dependent is not drawing any pension under this Act or is not entitled to draw family pension under the proviso to sub-section (1):

    Provided further that no person shall be entitled to claim arrears of any family pension under this sub-section in respect of a period before the commencement of the Salary, Allowances and Pension of Members of Parliament (Amendment) Act, 2006.

    Exemption from Income Tax – Please see Section 10 of the  Finance Act 2017

    1 comment:

    1. karunakaran army havildar4 November 2017 at 08:56

      sale of indulgence, a certificate issued at vatican for any person who can do whatever he likes, similar case is with the present politicians of india

      see how ridiculous and undemocratic they are, have we heard an MLA or MP died of poverty

      only soldiers can salvage the democracy that is the only option exists

      ReplyDelete