Section 140 of Finance Act 2018

[Section 140 of Finance Act 2018 deals with Amendment of section 3 of Act 20 of 1953 and is covered in CHAPTER VIII MISCELLANEOUS]

PART IV

AMENDMENT TO THE SALARIES AND ALLOWANCES OF OFFICERS OF PARLIAMENT ACT, 1953

Amendment of section 3 of Act 20 of 1953

140. In the Salaries and Allowances of Officers of Parliament Act, 1953, in section 3, in sub-section (1), for the words “one lakh twenty-five thousand rupees”, the words “four lakh rupees” shall be substituted and shall be deemed to have been substituted with effect from 1st January, 2016.

Finance Act 2018 : Assented by President : Download Print Notification