New Delhi, March 24 -- In good news for members of Parliament and former MPs, the Central government has notified the increase in the salary.

The government has also increased allowance, pension and additional pension, which will be effective from April 1, 2023.

"In exercise of the powers conferred by sub-section (2) of section 3 and sub-section (1A) of section 8A of the Salary, Allowances and Pension of Members of Parliament Act, 1954 (30 of 1954), the Central Government hereby notifies the increase in the salary, daily allowance, pension and additional pension of Members and Ex-Members of Parliament on the basis of Cost Inflation Index specified under clause (v) of the Explanation to section 48 of the Income-tax Act, 1961(43 of 1961),...