What are the expenses of an army officer?

Officials said that the cost, including training, pay and allowances, incurred on people joining under the new model would be Rs 80-85 lakhs, as compared to over Rs 6 crore for an officer under the Short Service Commission, who serve up to 14 years.

How much is an army officer paid in India?

Average Indian Army Army Officer salary in India is ₹ 11.2 Lakhs for employees with experience between 8 years to 31 years. Army Officer salary at Indian Army ranges between ₹ 2 Lakhs to ₹ 26 Lakhs. Salary estimates are based on 279 salaries received from various employees of Indian Army.

Is Army salary tax free?

Is Army Reserve pay tax-free? Pay and allowances for the Reserves are exempt from income tax if members only participate in part-time service or training. If you’re in the Reserves and perform full-time continuous service (even as a volunteer), you will need to pay tax on your salary and allowances.

What is the salary of an officer in the Indian Army?

Indian Army Officer’s Pay Scale & Allowances Post Pay Scale Grade Pay Army Service Pay Total IN HAND Cash (Salary) Subedar Major 9300-34800 4800 2000 65,000 Lieutenant 15600-39100 5400 6000 68,000 Captain 15600-39100 6100 6000 75,000 Major 15600-39100 6600 6000 1,00,000

How much do Indian Air Force cadets get paid per month?

Once the cadet reaches the commissioning academy including the Indian Military Academy, Air Force Academy, Naval Academy, he starts earning Rs. 21000 a month. Actually, he has authorized the salary of a Lieutenant or Flying Officer or Sub Lieutenant. Once commissioned, the balance is paid to him as an outstanding payment to his stipend.

What is the stipend of the training period of Indian Army?

The stipend of the training period can be between 15000 to 21000, depending on the pay band of the rank in which the candidate has been recruited. Retirement age — 19 years of service OR 42 years of age whichever is sooner.

What is the total allocation under the Defence Services estimates for India?

The total allocation under the Defence Services Estimates for India is as under:- *Assuming the current rate of dollar to rupee conversion of Rs.44.36 to a dollar. The Indian defence budget stood at US $11.8 billion in 2001.

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