Section 8 in Securities and Exchange Board of India (Employees' Service) Regulations, 2001
8. Appointments to be made on minimum pay.
- All initial appointments shall be made on the minimum pay of the grade to which the appointment is made, provided the Chairman may keeping in view the higher academic qualifications, special experience of value to the Board and salary in the previous job, grant additional increments, not exceeding four in the scale of pay fixed for the grade in which the appointment is made.
