What is Monthly Income Of ModiJi

Income Details:

1. Basic Salary: Rs. 1,80,000/-
2. Dearness Allowance (DA): Rs. 2,16,000/-
3. Parliamentary Allowance: Rs. 50,000/-
4. MP Special Allowance: Rs. 50,000/-
5. House Attendance Fees: Rs. 30,000/- (assuming attendance of at least 10 days a month; this could vary)
6. Other Allowances: Rs. 40,000/-

Total Monthly Gross Income: 5,66,000

Deductions:

1. Canteen Payments: Rs. 5,000/- (increased due to inflation and rising costs; this may vary)
2. Tax Deducted at Source (TDS): Rs. 1,15,000/- (updated estimate based on revised tax brackets and income)
3. Deduction for PM Corpus Fund: Rs. 35,000/- (increased contribution amount; actual figures may vary)
4. Deduction for PM Special Pension Scheme (SPS): Rs. 25,000/-

Total Value of Deductions: 1,80,000

Net Salary Calculation: 3,86,000 Total Monthly Gross Income - Total Monthly Gross Income 5,66,000 - 1,80,000

Net salary credited to the account is Rs. 3,86,000.

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Source: Quora - Don't quote me on this!