<Tr> <Td_colspan="2"> Sources: </Td> </Tr> <P> The President of India used to receive ₹ 10,000 (US $100) per month per the Second Schedule of the constitution . This amount was increased to ₹ 50,000 (equivalent to ₹ 160,000 or US $2,300 in 2017) in 1998 . On 11 September 2008, the Government of India increased the salary of the president to ₹ 1.5 lakh (equivalent to ₹ 3.0 lakh or US $4,300 in 2017). This amount was further increased to ₹ 5 lakh (US $7,300) in the 2018 Union budget of India . However, almost everything that the president does or wants to do is taken care of by an annual ₹ 225 million (equivalent to ₹ 450 million or US $6.5 million in 2017) budget that the Government allots for his or her upkeep . Rashtrapati Bhavan, the president's official residence, is the largest presidential palace in the world . The Rashtrapati Nilayam at Bolarum, Hyderabad and Retreat Building at Chharabra, Shimla are the official Retreat Residences of the President of India . The official state car of the president is a custom - built heavily armoured Mercedes Benz S600 (W221) Pullman Guard . </P> <P> The former presidents and spouses of deceased Presidents are eligible for pension, furnished accommodation, security, various allowances, etc . </P> <Ul> <Li> Presidential amenities </Li> <Li> <P> Rashtrapati Bhavan, the official residence of the president, located at New Delhi </P> </Li> <Li> <P> Rashtrapati Nilayam is the official retreat of the president located in Hyderabad . </P> </Li> <Li> <P> The President's Bodyguards is an elite household cavalry regiment of the Indian Army . </P> </Li> <Li> <P> Air India One is the call sign of any aircraft carrying the president . The aircraft are operated as VIP flights by the Indian Air Force . </P> </Li> <Li> <P> A chopper of IAF's special VIP fleet meant for carrying the President of India </P> </Li> </Ul>

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