In addition to his base salary, the President of the United States is entitled to several allowances that enhance the overall compensation package. These include:

$50,000 for personal and official duties.

$100,000 for official travel expenses.

$19,000 for entertainment purposes.

$100,000 to redecorate the White House upon taking office.

When these allowances are taken into account, the total annual compensation package for the president amounts to about $569,000 (approximately Rs 4.79 crore), significantly higher than the base salary alone, according to the BT report.

Additionally, the president enjoys non-monetary benefits, which can be equally valuable. For example, the president resides in the White House rent-free, has access to Air Force One and Marine One, and is chauffeured in a fleet of armored limousines.