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President's Income Is Taxable, But Is the 'Rs 2.75 Lakh' Tax Claim Made By President Kovind Accurate, Considering the Current Tax Slabs?


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President Ram Nath Kovind is in Kanpur on a four-day visit. But before reaching Kanpur, he stirred up a bit of a controversy. Speaking at a public event, he said that while he does earn a healthy salary of Rs 5 lakh a month as President of India, he is not able to save much, as he pays Rs 2.75 lakh as tax every month.
He pointed out that, as a result of this, he makes fewer savings than several other officials in positions of public service.
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“The President is the highest paid employee of the country, and he also pays taxes. But someone will say that you get five lakh rupees. everyone talks about that. Out of that, every month, quarter to three lakh comes out. So, how much is left? Our officers and others get more than what is left. The teachers who are sitting (at the event), they all get more.”President Ram Nath Kovind ....

Fund Of India , Voluntary Surrender , Consolidated Fund , நிதி ஆஃப் இந்தியா , தன்னார்வ சரணடையுங்கள் , தொகுக்கப்பட்டு நிதி ,