Understanding Minimum Conveyance Allowance: Is There a Monthly Limit?

Hi all,

Can anybody give me information about the minimum conveyance allowance per month in the salary break-up? Is there any limit?

Regards,
Harpreet Singh

Dear,

There is no minimum or maximum limit, but from an income tax point of view, a maximum of 800 per month is exempted from income tax.

Thanks,
J.S. Malik

Dear,

I wholeheartedly agree with Malik Ji. One suggestion is to provide transport allowance as a reimbursement. Let's maintain the conveyance at 800.

Regards,
Vipin

Dear All,

Now, the limit of conveyance has been increased. It's not INR 800.00; it's INR 1600.00. Please convey this to all and do the needful.

Thank you.

Conveyance allowance is dependent on company policy. Yes, but its income tax benefit limit is Rs. 9,600, which has been increased to Rs. 19,200. This means an increase of Rs. 1,600 per month. There is no limit if the company wants to give more than the income tax limit.