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Q.

What is emoluments?

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0 2022-08-16T21:38:00+00:00

The term "emoluments" refers to the basic wage that a government employee gets before his retirement or on the day of his demise. It also includes the non-practising stipend given to a medical director in place of private practice. My guide will tell you about what is emoluments in detail.

Consult experts at NoBroker to get advice on property dealings. Opt for buyer plans from NoBroker to get the best deals on the property now.

What is the meaning of emoluments?

Emoluments are payments made to workers or employees based on their work experience, tenure in a position of authority, or other factors. The kind of task and the duration vary. The Latin word "Emolumentum," generally indicates the profit or benefit or profits to an individual. And the contributions an individual employee has put into working is where the word "employment" originates. Therefore, the word "employment" refers to the payment received by a worker or employee. It is in exchange for the duration and amount of work performed. The constitution includes the emolument clause to prohibit fraud, foreign interference, and other related behaviour. Now you know what is gross emoluments.

What is the government's Amendment Bill on emoluments?

  • On December 10, 2012, Sushil Kumar Shinde presented the Governors (Emoluments, Allowances and Privileges) Amendment Bill, 2012, in the Lok Sabha.

  • The Governors (Emoluments, Allowances and Privileges) Act, 1982 is being modified by the proposed bill. 

  • Every Governor is eligible for an emolument of Rs.1,10,000 per month under the Act. Former governors only qualify for health coverage.

  • The Bill aims to offer former governors additional pension and post-retirement advantages. 

  • The Act will be amended by the Bill to state that the former governor would always be eligible for one executive assistant.

  • The Bill states that during the time the ex-Governor has: (a) been reelected as Governor, (b) been voted to the Parliament or the state assembly, (c) been elected to any position of benefit under the state government or central government, this compensation must not be paid.

I hope you understood what is emoluments.

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