The President of India is considered as the head of the country or the first person of the country. The President of India receives a salary of 5 lakh, equivalent to 5.9 lakh in 2023, as per India’s Union Budget. This article explores the salary of the President of India, encompassing all associated compensation and benefits.
On September 11, 2008, the Indian government augmented the president’s salary to 1.5 lakh rupees, equivalent to approximately 3.9 lakh in 2022. Subsequently, in India’s 2018 Union Budget, this compensation saw a further increase to 5 lakh, reaching an equivalent of 5.9 lakh in 2023. The President of India serves as both the symbolic head of state and the commander-in-chief of the Indian Armed Forces, holding a position of paramount importance in the Republic of India.
The President of India receives a monthly salary of Rs.5 lakh, which is not subject to taxes. Additionally, the President is entitled to various allowances. Here are some of the allowances provided to the President of India other than the salary:
The inception of the Indian President’s office coincided with India becoming a republic on January 26, 1950. The selection of the President involves an indirect electoral process through a diverse body known as the electoral college. This college includes members from both houses of Parliament, as well as representatives from the legislative assemblies of each state and union territory. These members are directly elected by the citizens of their respective regions.
The President of India holds the significant powers, including the appointment of the prime minister, governors and judges as well as representing India on the international stage. According to Article 53 of the Indian Constitution, the day-to-day executive powers are exercised by the Prime Minister and Cabinet. However, the President’s final approval, marked with a signature, is essential for the implementation nationwide. Additionally, on crucial occasions, the President addresses the nation and has the authority to grant pardons and reprieves.
As of July 25, 2022, Droupadi Murmu is the 15th and current President of India.
To become the President of India, certain criteria must be met, as per Article 58 of Indian Constitution. Here are the simple requirements to become the President of India:
However, there is a disqualification clause: If someone holds a profit-making position under the Government of India, a State Government or any local authority, they cannot run for president.
Some exceptions are:
The President of India serves a five-year term and can continue in office beyond the completion of this term if no new election occurs or a successor is not elected. Additionally, there is no limit to the number of times the President can be re-elected.
The President of India holds a significant role with various fields duties:
The President of India possesses a range of powers and functions, including legislative, executive, financial, military, judicial and pardoning powers, enabling effective management of national and international affairs. The President’s ability to veto, issue of ordinances and grant pardons holds significantly importance in various circumstances.
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The President of India receives a monthly salary of Rs.5 lakh, which is not subject to taxes.
The President of India serves a five-year term and can continue in office beyond the completion of this term if no new election occurs or a successor is not elected.
The official home of the President is Rashtrapati Bhavan, located in the heart of New Delhi.
As an integral part of the Union Executive, the relevant constitutional provisions are encapsulated in Articles 52-78, specifically addressing the President in Articles 52-62.
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