Conveyance [Thread 429373]

Dear sir,
please explain difference between conveyance and conveyance allowence if this paid to a employee.

Dear Bhavesh
Conveyance refers to the means of transport like vehicle and conveyance allowance refers to the payment made by a company to an employee towards expenses incurred by him on travel while on duty or to & fro work place to home.
B.Saikumar
HR & Labour Law Advsior
Mumbai

Dear Mr.Bhavesh-7,
Conveyance is the conveying of something, especially the transportation or transmission of a vehicle from one place to another. Conveyance allowance is the expenses given to the employees (from & to) for a purticular distance reckoned to be inclusive in the pay.

Conveyance allowance is the part of Salary/CTC.
Conveyance expenses is the reimbursement but not part of salary/CTC.
Pon

Hello Bhavesh,
Mr. Sai Kumar's explanation for your query is very precise and would have given you an idea about the difference.
But was this the reply / clarification you were really wanting or you wanted to know something else like diffrenece between Conveyance Allowance and Conveyance Reimbursement, etc ?
S.Dass

Dear Bhavesh,
Mr Pon's response is correct but need to add that the "conveyance allowance" though part of salarypackage/ctc is irrespective of the expenses incurred whereas "coneyance" as mentioned is usually a reimbursement on actuals in the course of performing ones official duties..
Regards,
UG

Dear Bhavesh,
Its simple..
Conveyance =Mode of commutation provided by the company for its employees to travel from place of work to home and vice versa
Conveyance allowance = in lieu of conveyance, a fixed amount is provided to the employees every month depending on the grad pay or the company policy..
I hope this makes it clear for you....

Dear Bhavesh
Conveyance will be provided to you means the Company will provide you with Vehicle for commuting from Home to Office and back for duties.
Conveyance Allowance means you will be paid with some allowance for making your own arrangement for commuting from Home to Office and back for duties.

It can be any limit but tax exemption is available for Rs.800/- month as per I.T.rules.
Pon