Salary and Expense Account. As of 2014, the president earns an annual salary of $400,000 per year, plus a $50,000 non-taxable expense account.The presidential salary had been $200,000 since 1969, but in 1999, Congress passed legislation doubling the salary to its current level before President George W. Bush took office.etirement Plan. In addition to an annual salary, U.S. presidents receive a retirement plan. After leaving office, the former president receives an annual pension that is equal to the current salary of a Cabinet member. As of 2011, the presidential pension is $196,700 per year.
Economic Service Charge (ESC) ESC is a is a levy imposed under the provision of the ESC Act No. 13 of 2006. The following are liable for ESC: Individuals, partnerships, companies(including BOI), body of persons & Corporations who has aggregate liable turnover for the quarter Rs. 10 mn or more.
This definition of finance charge includes the interest added to the balance, service fees for transactions, late fees, and balance transfer fees. When a customer receives a $1000 USD loan from a bank, for example, the bank has the legal right to charge interest based on the current federal prime lending rate.