Petrol/Fuel Reimbursement

Dear All,
I work for a IT company where lot of staff are entitle for re-imbursment of conveyance on the basis of Kms run. Looking into the frequent changes in the petrol prices, we need to revise reimbursement rates too. My request to all of you to share some formula/basis how to work out the correct re-imbursment rate/km for two wheeler and four wheelers.

Thanks & Best Regards

Praveen

Replies (5)

I Think U Shud Use Standard Mileage for

1) Two Wheeler 2) Four Wheeler 3) Pubilc Transport

Than Multiple With Currnet Oil Rate nd Find Amt.

 

hi

Dear every mark his standard rate of conveyance of

Two Wheleer & Four Wheler

but if your company is not mark any standard rate.

then you get average your bike and also get a Repair and mantence cost per Km

and after that plus both cost and divide with km

 

thanks

Either you make standards for each category of employee or each designation of employee or ask them to fill up a detailed form for getting reimbursement.

Dear Mr. Peeyush/Tarun & Ketan

 

Thanks for your replies.

but if you can provide me some formula etc. in excel i will be more obliged.

Thanks in anticipation of ur favorable response.

Praveen

Hi friends i am getting 2000 every month as a fuel expenses what is the condition for taking this exemptin and what is the meaning of cubic capacity and model no.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article assistant

S.K.Bajpai & Co.

Noida

B.Com

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details