Narendra Modi Salary 2026: PM Salary in India Per Month, Per Day & Allowances
Search for Narendra Modi salary and you will still find ₹1.60 lakh or ₹1.66 lakh quoted on older pages. Those figures no longer reflect the current statutory rates. The salary component applicable to India’s Prime Minister is now ₹1,24,000 per month. There is also a ₹87,000 constituency allowance, a ₹2,500 daily allowance and a ₹3,000 monthly sumptuary allowance for the Prime Minister.
PM salary in India — current salary component
In a 30-day month, salary plus the statutory daily allowance, constituency allowance and PM sumptuary allowance works out to approximately ₹2,89,000. This is not the same as an in-hand salary figure.
Current MP salary, daily allowance and constituency allowance rates took effect from 1 April 2023 and were notified in 2025. The Ministers Act applies the relevant MP salary, daily allowance and constituency allowance rates to Union ministers.
What Is the Salary of the Prime Minister of India?
If the question is strictly about the salary of the Prime Minister of India, the current salary component is ₹1,24,000 per month.
The actual statutory remuneration structure contains more than that one number. Section 3 of the Salaries and Allowances of Ministers Act, 1952 provides a minister with salary and an allowance for each day during the ministerial term at the rates applicable under the law governing Members of Parliament. It also provides the applicable constituency allowance.
Section 5 separately provides a ₹3,000 monthly sumptuary allowance for the Prime Minister.
Short answer: Narendra Modi’s salary component is ₹1.24 lakh per month. When the current daily allowance, constituency allowance and PM-specific sumptuary allowance are included, a 30-day month’s statutory total is about ₹2.89 lakh.
Narendra Modi Salary Breakdown in 2026
| Component | Current rate | How it is applied |
|---|---|---|
| Salary | ₹1,24,000/month | Monthly salary rate applicable to Union ministers |
| Daily allowance | ₹2,500/day | The Ministers Act provides an allowance for each day during the ministerial term |
| Constituency allowance | ₹87,000/month | Linked to the corresponding parliamentary rate |
| PM sumptuary allowance | ₹3,000/month | Separate allowance specifically prescribed for the Prime Minister |
Official references: Ministry of Parliamentary Affairs and Salaries and Allowances of Ministers Act, 1952.
PM Salary in India Per Month
The phrase PM salary per month can produce different answers online because some pages quote only the salary while others add allowances.
Using a 30-day month makes the current structure easier to understand:
Because one component is calculated daily, the total can vary slightly with the number of days in a calendar month. A 28-day month produces a lower daily-allowance total than a 31-day month.
This is also different from the way an ordinary employee’s CTC and take-home salary are calculated. If you are trying to understand your own employment package, CentralPortal’s CTC to In-Hand Salary Calculator separates employer-side CTC costs, gross salary and common payroll deductions.
Narendra Modi Salary Per Day
There is no single official figure labelled “Narendra Modi salary per day” because the main salary is specified monthly while another component is explicitly a daily allowance.
If the ₹1,24,000 monthly salary is divided by 30 purely for comparison, the salary-only daily equivalent is:
₹1,24,000 ÷ 30
This is a mathematical conversion of the monthly salary, not the official daily allowance.
The statutory daily allowance itself is ₹2,500 per day. If all four components are expressed as a 30-day average, the approximate total works out to about ₹9,633 per day. That figure is only an average for comparison, not an official “daily salary” rate.
Narendra Modi Salary Per Year
The salary component by itself works out to:
The annual salary component alone is ₹14.88 lakh. The ₹34.805 lakh figure above combines the salary with the statutory allowances for a full 365-day year. It should therefore not be described simply as basic salary or take-home salary.
Why Do Older Websites Say Narendra Modi’s Salary Is ₹1.66 Lakh?
The ₹1.60 lakh to ₹1.66 lakh figure has circulated for years and still appears in search results. The main reason is that many articles were written using older salary and allowance rates and were never properly rebuilt after later revisions.
The Ministry of Parliamentary Affairs records the following revisions with effect from 1 April 2023:
| Component | Previous rate | Current rate |
|---|---|---|
| Salary | ₹1,00,000/month | ₹1,24,000/month |
| Daily allowance | ₹2,000/day | ₹2,500/day |
| Constituency allowance | ₹70,000/month | ₹87,000/month |
A current 2026 calculation therefore needs to start from the revised rates rather than repeat an older headline figure.
Does the Prime Minister Get the MP Office Expense Allowance?
This is another place where salary tables can become confusing.
The current MP schedule includes an office expense allowance, but the Ministers Act specifically links a minister’s salary, daily allowance and constituency allowance to the corresponding MP provisions. It does not use the MP office expense allowance as another salary component for a minister.
The Act also states that a person receiving salary or allowances as a minister cannot simultaneously draw another salary or allowance merely because the person is also a Member of Parliament.
For that reason, the ₹75,000 MP office expense allowance has not been added to the Narendra Modi salary calculation on this page.
How Is the Prime Minister’s Salary Decided?
The Prime Minister does not negotiate an individual employment package. The remuneration comes from legislation.
The central law is the Salaries and Allowances of Ministers Act, 1952. It connects ministerial salary and certain allowances to the rates set for Members of Parliament and separately specifies the Prime Minister’s sumptuary allowance.
This should not be confused with the Central Government employee pay matrix. Pay Commission recommendations operate under a different system. Central Government employees who want to explore possible future basic-pay scenarios can use CentralPortal’s 8th Pay Commission Calculator .
Does the Prime Minister Get a Rent-Free Residence?
Yes. The Ministers Act provides a minister with the use of a furnished official residence without payment of rent during the term of office and for the period specified in the law immediately afterwards.
It also states that the minister is not personally charged for the maintenance covered by the provision. The Act’s definition of maintenance includes local rates and taxes as well as electricity and water.
These are facilities attached to public office. They should not simply be assigned a guessed commercial value and added to monthly cash salary.
Narendra Modi’s Declared Assets in 2026
Salary and personal assets answer different questions. The Prime Minister’s Office published Narendra Modi’s asset declaration for 31 March 2026.
The declaration reports a gross value of movable assets of ₹4,01,60,999, which is approximately ₹4.02 crore.
| Reported asset | Amount |
|---|---|
| Bank FDR and MOD | ₹3,79,76,101 |
| National Savings Certificates | ₹10,24,724 |
| Four gold rings, approximately 45 grams | Approx. ₹4,58,864 |
| TDS from salary and bank FDR interest | ₹6,63,309 |
| Gross movable assets declared | ₹4,01,60,999 |
The declaration also records nil under Narendra Modi’s own name for the listed categories of agricultural land, non-agricultural land, commercial buildings and residential buildings.
Source: Prime Minister’s Office — Assets and Liabilities 2025–26 .
Declared assets are not the same thing as a independently calculated net worth. The ₹4.02 crore figure is the gross movable-asset value reported in the official declaration as on 31 March 2026.
Narendra Modi Salary vs Declared Assets
Narendra Modi’s salary is remuneration attached to the office of Prime Minister. His asset declaration is a snapshot of reported personal assets on a specific date.
The March 2026 declaration shows that the largest listed movable-asset component was held in bank FDR and MOD deposits. The disclosure does not establish that those assets were accumulated from the Prime Minister’s salary alone, so the two figures should not be directly equated.
What Is the Current Narendra Modi Salary Figure to Remember?
For most readers, the simplest way to remember the current position is:
Salary component
With current statutory allowances included, a 30-day month comes to approximately ₹2.89 lakh.
The difference between those two figures is important. ₹1.24 lakh is the monthly salary line. ₹2.89 lakh is an approximate 30-day total after adding the daily allowance, constituency allowance and PM sumptuary allowance.
Frequently Asked Questions
What is Narendra Modi’s salary per month in 2026?
The monthly salary component applicable to the Prime Minister is ₹1,24,000. Including the ₹87,000 constituency allowance, ₹3,000 sumptuary allowance and ₹2,500 daily allowance, a 30-day month’s statutory total is approximately ₹2,89,000.
What is the PM salary in India?
The current Prime Minister salary component is ₹1.24 lakh per month. Statutory allowances apply separately.
What is the salary of PM Modi?
Narendra Modi’s current salary component as Prime Minister is ₹1,24,000 per month under the statutory framework linking ministerial salary to the applicable parliamentary rate.
How much is Narendra Modi’s salary per day?
Dividing the ₹1.24 lakh monthly salary by 30 gives an approximate salary-only equivalent of ₹4,133 per day. The official statutory daily allowance is separately ₹2,500 per day.
What is Narendra Modi’s annual salary?
The annual salary component is ₹14.88 lakh. For a full 365-day year, salary plus the current daily allowance, constituency allowance and PM sumptuary allowance has a statutory equivalent of approximately ₹34.805 lakh.
Is Narendra Modi’s salary ₹1.66 lakh?
₹1.60 lakh to ₹1.66 lakh is an older figure that continues to appear online. Current government-notified rates include a ₹1.24 lakh monthly salary, ₹2,500 daily allowance and ₹87,000 monthly constituency allowance, while the Ministers Act provides the PM a ₹3,000 monthly sumptuary allowance.
What are Narendra Modi’s declared assets in 2026?
The PMO declaration as on 31 March 2026 reports gross movable assets of ₹4,01,60,999, approximately ₹4.02 crore.
Does the Prime Minister get a free house?
The Ministers Act provides a furnished official residence without payment of rent during the minister’s term, subject to the provisions of the law.
Does the Prime Minister receive the ₹75,000 MP office allowance?
It has not been included in this calculation. The Ministers Act expressly links ministerial salary, daily allowance and constituency allowance to parliamentary rates and separately provides the PM’s sumptuary allowance.
Official Sources
CentralPortal has kept salary, statutory allowances, official facilities and declared assets separate. The figures above were checked against government publications rather than copied from older salary articles.