Salary of President of India 2019 – Basic Salary, Allowance, Income & Expenditures (Latest Report)

0

Check out the Salary of President of India 2019. Our current President of India is Ram Nath Kovind. The President is indirectly elected by both houses Parliament & Legislative Assemblies.  Ram Nath Kovind is the Head of State of India and commander in chief of Indian Armed Forces.

Ram Nath Kovind was born on 1st October 1945. He is an Indian politician serving as the 14th President of India since July 2017. He was the Governor of Bihar from 2015 – 2017 and also a Member of Parliament, Rajya Sabha from 1994 – 2006. Before entering politics, he was a lawyer in Supreme Court and Delhi High Court until 1993. At present, the Salary of President of India is Rs 5 lakhs per month. Also, In the previous article, we have given complete details about Salary of Governor in India.

Educational Back Ground

Kovind completed his schooling in Kanpur and obtained degrees of B.Com and LLB from Kanpur University. IN 1971, he worked as an Advocate in Bar Council of New Delhi.  He also worked as a lawyer in Supreme Court and Delhi High Court for 16 years until 1993.

Parliamentary and Public Life

He was elected as a member of Rajya Sabha from Uttar Pradesh in April 1994. Shri Kovind also served as a Member of the Board of Management of Dr B. R. Ambedkar University, Lucknow and Member of the Board of Governors of Indian Institute of Management, Kolkata.

Salary of President of India

Events Information
Current President of IndiaRam Nath Kovind
Born1st October 1945
Age73
Name of the Political PartyBharatiya Janata Party
CitizenshipIndian
SpouseSavita Kovind
ChildrenPrashant Kumar Kovind (Son)

Shweta Kovind (Daughter)

ResidenceRashtrapati Bhavan, Rajpath, New Delhi, Delhi, India
SalaryRs 5 lakhs per month

President of India – Salary & Allowances

The President of India receives Rs 5 lakhs per month which is non-taxable. Until 2017, the President used to get Rs 1.50 lakh per month which is less than Cabinet Ministers of the Country. In 217, it has increased to Rs 5 lakh per month.

In addition to the salary, the President gets other allowances such as Free Medical, Housing and Treatment Facilities, Food, etc.

Allowances Information
Annual IncomeRs 60,00,000
Monthly SalaryRs 5 lakhs (Non-Taxable)
Travel AllowanceFree
Medical AllowanceFree
ExpendituresFree
 AccommodationFree
Expenditures for President of India

Government of India spends over 22.5 million rupees annually on other expenses like Housing, Food, staff, hosting of guests, etc. He gets a car ” Mercedes Benz S600 (W221) Pullman Guard “. The spouse of President will also get secretarial assistance of Rs 30,000 per month.  Free Medical Facilities and Accommodation are also provided.

Previous Income of Former Presidents 

Our First President of India, Rajendra Prasad’s then salary was Rs 10,000 per month + allowances. He used to take only 50% of the salary, saying that the amount was enough and efficient for his family and himself.

Here we have mentioned the income of former Presidents of India : 

 Number Name of the PresidentTerm PeriodSalary 
1st President of IndiaDr Rajendra Prasad26th January 1950 to 13th May 1962Rs 10,000 per month
7th President of IndiaGiani Zail Singh25th July 1982- 25th July 1987Rs 15000 – Rs 30,000
10th President of IndiaK R Narayanan25th July 1997 – 25th July 2002Rs 50,000
11th President of IndiaDr APJ Abdul Kalam  25th July 2002 – 25th July 2007Rs 1,50,000

Highest & Lowest Paid PM in India

At present, the highest-paid president is Ram Nath Kovind and the lowest paid is the former President of India Dr Rajendra Prasad. 

Hope through this article, you can get the details of Salary of President of India, Allowances, Expenditures,  Former Presidents Income Details, Highest & Lowest Paid President in India, etc. Share this article with your friends. Subscribe to our website Finupdates to get the latest updates of PMs, CA, Finance, other sectors related information.

Leave A Reply

Your email address will not be published.