Fuel Allowance Through Petrocard

enkrish

Ours is a 300 plus strength organisation with offices in Chennai, Bangalore and Hyderabad. We intend paying fuel allowance through Petrocard. Will this practice attract issues, and will it be liked by the employees. We thought through we can reduce a lot of paper work in checking bills etc.
A quick reply is welcome

pon1965

when there is no issue on sodexho food coupons, petrocard shall not attract any issues which I think.

tegautham

Please take care to comply with the perquisite valuation rules pertaining to fuel reimbursement issued by the Income Tax Department.

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