The monthly salary of Members of Parliament (MPs) has been increased from ₹1 lakh to ₹1.24 lakh, as part of a broader revision in their emoluments and allowances. The decision comes following recommendations by a parliamentary committee and aims to account for rising living expenses and inflation. Along with the salary hike, MPs’ daily allowance — meant to cover expenses incurred during Parliament sessions and official duties — has been raised from ₹2,000 to ₹2,500 per day. In addition, the monthly pension for sitting and former MPs has been revised from ₹25,000 to ₹31,000.
