Dear Bharath ,
This may sound like an elaborate answer, but this how we did it .
- Raise a request for the relocation benefit through the ERP .
- Once the employee travels, he would submit the bills including the travel by air for family, truck/roadways bills for shifting household furnitures.
- Cars and other vehicles owned by the employee , would be offered an amount. Though the octroi would not be a part of the amount.
- The clearance would be made by the Finance team on submission of all the bills. The amount credited through the salary .
Moral of the story , the amount remained tax free subjective to the bills submission . Though there was a clause in the policy where it was mentioned, that if the employee leaves the company within a year of relocation, the amount would be recovered. But at is seems, its a retention strategy .
Do share if you have further queries.
Regards,
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