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Each state determines the basic pay for their MLAs and MLCs, which can differ significantly across the country. Overall, the salaries of these officials include various allowances and emoluments, which are fixed according to their respective positions and responsibilities.
Between 1957 and 2019, before the abrogation of Article 370 and 35A of the Constitution of India, the former 89-member Jammu and Kashmir Legislative Assembly had 2 seats reserved for the nominated women members. But after the passing of Women's Reservation Bill, 2023 it became 33%. Additionally, the Lieutenant Governor may nominate two ...
It is payable to any Member who ceases to be an MP at a general election. The amount is based on age and length of service, and varies between 50% and 100% of the annual salary payable to a Member of Parliament at the time of the dissolution. [2] In the UK the first £30,000 of severance pay is tax-free.
The salaries of the MPs are decided by the Riksdag Pay Committee (Riksdagens arvodesnämnd), a government agency under the Riksdag. Since 1 November 2007, the basic monthly pay of an MP is SEK52,900 (ca. US$6,500). The pay of the speaker is SEK126,000 a month (ca. US$15,000), which is the same as that of the prime minister. [26]
Equalization payments are cash payments made in some federal systems of government from the federal government to subnational governments with the objective of offsetting differences in available revenue or in the cost of providing services. Many federations use fiscal equalisation to reduce the inequalities in the fiscal capacities of sub ...
However, an MP may be elected as member of a State Legislative Assembly (MLA) at the same time. Consequently, an MP may be appointed to the State Cabinet through appointment as a nominated MLA while an MLA may be appointed as Minister or Deputy Minister in the Federal Government due to having membership in the Parliament.
Average CEO Pay is calculated using the last year a director sat on the board of each company. Stock returns do not include dividends. All directors refers to people who sat on the board of at least one Fortune 100 company between 2008 and 2012. The Pay Pals project relies on financial research conducted by the Center for Economic Policy and ...
The government budget balance, also referred to as the general government balance, [1] public budget balance, or public fiscal balance, is the difference between government revenues and spending. For a government that uses accrual accounting (rather than cash accounting ) the budget balance is calculated using only spending on current ...