Presidential pay On 11 September 2008, the Government of India boosted the salary of the president to 1.5 lakh (equivalent to 3.6 lakh or US$ 4,700 in 2020). This amount was even more increased to 5 lakh (equivalent to 5.7 lakh or US$ 7,500 in 2020) in the 2018 Union spending plan of India.