Salary and Pension of President of India
The President of India is the head of state of the country and occupies a significant position in the Indian political system. Along with the position comes a salary and certain perks and benefits. The salary of the Indian President is determined by the law known as the President’s Achievement and Pension Act of 1951.
What is salary of the President?
As of 2023, the current salary of the Indian President is ₹5 lakh per month. This amount was raised in 2016 as part of the government’s efforts to bring parity between the salaries of the President and the Chief Justice of India.
Is salary of President subject to Income Tax?
Yes. The salary of the President is subject to income tax in India.
Once a President retires, he or she is entitled to a pension of ₹1.5 lakh per month. This is a significant amount, reflecting the importance of the position of the President of India.
What are other benefits?
In addition to the salary and pension, the President of India is also entitled to several perks and benefits. The President gets free housing and medical care, which includes accommodation at the Rashtrapati Bhavan and medical treatment at the President’s Estate Dispensary. The President is also provided with a staff that includes a personal assistant, a secretary, and a cook.
Furthermore, the President is given ₹1 lakh annually for office expenditures, which can be used to meet expenses related to the President’s official duties. The spouses of Presidents also receive secretarial assistance of ₹30,000 per month.
The salary of the President has been revised over the years to ensure that it remains competitive and commensurate with the responsibilities of the position. The perks and benefits provided to the President are also designed to support the President in carrying out his or her duties effectively.In conclusion, the salary of the President of India is ₹5 lakh per month, with a pension of ₹1.5 lakh per month upon retirement. Along with the salary, the President is entitled to several perks and benefits, including free housing and medical care, office expenditures, and secretarial assistance for spouses. These perks and benefits are provided to ensure that the President can carry out his or her duties effectively and maintain the dignity of the position.
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It’s a good salary…and plz fix a salary for degree students working in pravite companys….like engineering students mba students etc….fix salarys according to der degrees….both in govt &private companies it’s my request…..thank you……
What is the salary of a governer if he is adopted to rule two states at a time?