Hi,
If co. give the benefit of car fuel & drive salary (eg.24000-2700) =21300
which amount is exmpt ed
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car fuel & Driver salary
Replies (1)
as per income tax act car perquisites provide by employer the driver salary will be 900 pm
in case of expenses & others i)Car less than 16 HP(I.e. 0.16cc or 1.6L) employer will bear /pay 1800pm & employee 600pm
ii)Car is more than 16 HP employer will bear/pay 2400pm & employee 900pm
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