Amendment status not verified — confirm the current text below against the official source.
Insertion of new section 11D.- After section 11C of the Principal Act, the following shall be inserted, namely:- “11D. Increase in Salary and Allowances of the Chairman, the Speaker, the Deputy Chairman, the Deputy Speaker, the Leaders of Opposition, the Government Chief whips, the Opposition Chief Whips, the members of the Legislative Assembly and the Legislative Council.- The salary and allowances of the Chairman, the Speaker, the Deputy Chairman, the Deputy Speaker, the Leaders of Opposition, the Government Chief whips, the Opposition Chief Whips, the members of the Legislative Assembly and the Legislative Council 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.”