Fuel & Maintenance Reimbursement Policy

kumaravel1970
Dear Friends
In my organisation we are planning to have a new salary component called Fuel & Maintenance reimbursement. Through this we are planning to pay a fixed amount to the higher earning employees to avoid huge tax. So please help me out to frame a policy to reimbursement the Fuel & Maintenance.
Regards
Kumar
JOSEPHPATRAO
Dear Kumar,
This is possible please take help from KPMG OR Ernst & Young in India
also refer to the following links.
https://www.citehr.com/336090-latest...-salaried.html
New perquisite valuation rules to hit employees with company cars
Regards
Swagatam
Hi friends,
With the rise in the price of petrol at very short interval, please let me know how are local travel reimbursement when employees are using their own vehicle for business purpose is being tackled.
Thanks
Swagata
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