President of India Salary Detail: Recently, after speaking on his salary and income tax, the President Ramnath Kovind (President Ram Nath Kovind) are under discussion. Before his Kanpur (Uttar Pradesh) visit, President Kovind had said in a meeting that ‘more than half of the salary he receives goes into tax. A teacher has more savings than this.

do you know that india President’s salary (Indian President Salary) How much is it? Does he come under the purview of income tax or not? What was the salary of the first President of the country? Since then till now by how much has the salary given to the highest post of the country increased? All these questions are being answered in this article.

How much is the salary The President is given the highest salary in the country by the government. in present salary of president of india 5 lakh per month is Rs. Apart from this, other allowances are given. At present, due to Kovid-19, there is a 30% reduction in the salary of the President (President Pay Cut).

What was the salary of the President earlier?
In the year 2017, the Government of India had decided to increase the salary of the President of the country. Then the salary of the President was increased to Rs 5 lakh per month, which is still going on. Even after retirement, Presidents are given lifelong accommodation, health and medical facilities and other benefits. Know how much was the salary of the first President-
1951- 10 thousand rupees salary, 15 thousand rupees allowance (per month)
1985 – 15 thousand rupees salary, 30 thousand rupees allowance (per month)
1989 – 20 thousand rupees salary, 10 thousand rupees allowance (per month)
1998- Salary was increased to 50 thousand rupees per month, allowances are separate
2008 – Salary increased to Rs 1.50 lakh per month, allowances separate
2017 – Salary Rs 5 lakh per month, allowances separate

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President pays income tax?
The provision of salary, pension, emoluments and other facilities to the person holding the office of the President of India for the period of service and thereafter has been made in The President’s Emoluments and Pension Act 1951. The salary of the President is given from the Consolidated Fund of India.

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According to the Supreme Court of India, any income that is not exempt from income tax under any law is liable to be taxed. Neither the Income Tax Act nor the President’s Pension Act excludes the salary of the President from income tax. Accordingly, the President also has to pay income tax. However, if the President surrenders his salary to the Consolidated Fund of India, he does not have to pay tax on that income. This rule also applies to any other employee in the country.