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.

According to the notification, the monthly salary has been increased from 1 lakh to Rs.1.24 lakh, which is hike of 24 per cent.

The daily allowance has been raised from Rs.2,000 to Rs.2,500.

The monthly pension has been revised from Rs.25,000 to Rs.31,000.

Additional pension for every year service in excess of five years has been increased from Rs.2000 to Rs.2,500.

"In exercise of the powers conferred by sub-section (2) of section 3 and sub-section (1A) of section 8A of the ...