SURPRISINGLY, OUR mpS have claimed in the parliament that while every sort of employee have fixed set of working time, MPS dont have a time bar and they are on 24 hours duty, hence the salaries revised to 80000rs, sitting allowance for disrupting house proceedings,2000rs per day, constituency allovance 40000, travel allowance 16 rs per km, apart from 4 lakh rs annual travel charges. this extra burden for 542 mps how we are going to pay.some tax ation in the offing,or to print currency without security.currency is usually printed against a security of gold to the equal value with rbi.only cpm should be happy as they collect 60% as levy, an indirect bribe for a party ticket. how a cpm mp lives with his money?80000x12=9.60000x20%income tax=1.92lakhs levy=9.6x60%=5.96 akhs=5.96+1.92=7.88-9.6=1.72 is what a cpm mp would get in his hand
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#960 Author: naduvilmadam Member Level: Gold Member Rank: 35 Date: 25/Aug/2010 Rating:  Points: 3 |
HI Majority of the perks is in the nature of reimbursement of expenses incurred or supposed to have incurred based on simple declaration. Tax is payable only on the "salary" part only and perks constitute a major part of emoluments of MPs. More infn. could also be obtained through an application under RTI ?
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