Car Allowance Policy - Urgent

Varel
Dear All,
We are planning to do away with the Company cars and give employees Car Allowance as per grade. (this will be given only for some employees) Can anyone send me a draft copy of the same. or let me know the following?
1. Will this Car Allowance be taxable?
2. Should the employees be given a special amount for buying the car?
3. How do we include Business purpose? meaning when they meet clients/customers? How do we pay them for that. (Ok fill a form and all)
Regards,
samkapur
please reply.
I am also waiting for the same.
Looking for the complete car policy, how the employer have to calculate the same?
Medha Pandey
Any luck on the Car Allowance Policy , even we are planning to introduce this benefit for our company and need a clarity.
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