‘I get Rs. 5 lakh a month and pay more than 50% in taxes,’ says President Kovind

President Ram Nath Kovind is on a visit to his native village these days. President has gone to Kanpur, Uttar Pradesh with his wife Savita Kovind for the first time by Indian railways. During the visit at Jhinjhak, U.P. President Kovind told in a speech that he pays tax amounting Rs 2.75 lakh a month.

Addressing a gathering, he said, “If the president is the highest paid employee of the country, then he also pays taxes. I pay a tax of Rs 2.75 lakh a month. But people only talk about my Rs 5 lakh salary.”

He further added, “Due to half of my salary going to tax, I make fewer savings than several other officials in positions of public service. The teachers here… they earn the most.” President Ram Nath Kovind also requested everyone to pay taxes as it is only for the development of the country.

In 2017, a new rule has increased the salary of the President of India to Rs 5 lakh per month from Rs 1.5 lakh per month. The salary of the President is drawn from the Consolidated Fund of India. Apart from the salary, the President also gets other lifetime allowances such as free accommodation and free medical facilities.
The Rashtrapati Bhavan tweeted that in a rare emotional gesture, Mr President touched the soil and bowed after landing at the helipad near his village.

During the three-day train visit to the hometown, the President accepted public greetings at Jhinjhak and Rura railway stations in Kanpur Dehat and met old acquaintances from his early days in school and social service.

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