Indian PM Salary 2024 (India PM Salary 2024) – India Prime Minister Salary 2024

PM Salary Of India 2024 – Narendra Modi has taken oath as the Prime Minister of India. At the same time, he is the second Prime Minister to take oath for the third time as Prime Minister, because before this this record was held by the first Prime Minister of India, Pandit Jawaharlal Nehru. In such a situation, do you know how much salary is given by the Government of India to the person sitting on this powerful post in India. Apart from this, what are the facilities available to the PM. If you do not know, then through this article we will know about this (Prime Minister Of India Salary) –

PM Salary Of India 2024 (Salary Of Indian Prime Minister 2024) – PM Salary In India 2024

Let us tell you, the post of Prime Minister of India is the post of head of government of the Indian Union. According to the Indian Constitution, the Prime Minister is the head of the Council of Ministers of the Central Government and the chief advisor to the President. The Prime Minister is the head of the executive of the Government of India and is also accountable to the Parliament for the work of the government. In the parliamentary political system of India, the post of head of state and head of government is completely separated.

Now first of all, let us know how much salary the Government of India gives to the person holding the post of Prime Minister, so let us tell you that the PM gets a salary of Rs 1 lakh 66 thousand per month from the government. He gets Rs 1,93,050 as DA (PM Modi’s DA). This amount includes a basic salary of Rs 50 thousand along with an expense allowance of three thousand rupees. Apart from this, daily allowance of two thousand rupees and parliamentary allowance of 45 thousand rupees are also included.

As the Prime Minister of India, he gets Rs 45,000 as Parliamentary Allowance, Rs 45,000 as Special Allowance as an MP, Rs 2,400 per day for House Attendance Fees (for at least 10 days in a month). This amount increases during the days of parliamentary session. He gets Rs 35,000 as other allowances. Thus, the total salary of the PM is Rs 5,07,050.

Let us tell you that this time PM Narendra Modi had given details of personal assets of Rs 3.02 crore in the election affidavit. It mentioned two major sources of income, which included the salary received for the post of PM and the interest received on it.

Apart from the salary, the Prime Minister is given other facilities, which include a government residence located at 7, Lok Kalyan Marg. At the same time, Air India Special One aircraft is included for official travel. Also, a Mercedes-S650 bullet proof car is included. However, instead of this car, the PM can be seen in a Range Rover.

Prime Minister Salary Deductions

Now talking about deductions in the PM’s salary, Rs 4,750 is deducted as canteen payments. Apart from Rs 120 for vegetarian meal, there is a charge of GST and Rs 10 per cup for tea. Rs 98,800 is deducted from the PM’s salary as TDS on pay on receipt. Rs 32,600 is deducted for deduction in PM Corpus Fund. Let us tell you that the Corpus Fund pays retired PMs for their medical expenses and their security after retirement. Apart from this, there is a deduction of Rs 20,500 in PM SPS. Adding the total, the total deduction in the salary of the PM is Rs 1,56,650. In this way, Rs 3,50,400 goes to the PM’s account as salary (Salary Credited to Account).

President – Vice President get more salary

In India, the President and Vice President are given more salary than the Prime Minister. The President’s salary in the country is Rs 5 lakh per month, while the Vice President’s salary is Rs 4 lakh. Before 2018, the President was given Rs 1 lakh 50 thousand, while the Vice President was given Rs 1 lakh 25 thousand.

This is PM Modi’s net worth —

The details of the total movable and immovable assets of the country’s Prime Minister Narendra Modi (PM Narendra Modi) till March 2024 were released in the year 2024. According to this, he has a total property of Rs 3.02 crore. Most of this property of Rs 3.02 crore of Prime Minister Narendra Modi is deposited in bank accounts.

PM Modi does not own any vehicle —

According to a report, Prime Minister Narendra Modi has no investment in any kind of bonds, stocks or mutual funds. Apart from this, he does not own any vehicle. However, according to the property data till March 2022, he definitely had four gold rings worth Rs 1.73 lakh. If we talk about savings, then he has National Savings Certificates (NSC) worth Rs 9,05,105 in the post office and he has a life insurance policy of Rs 1,89,305.