Dear Cite HR Member,
Our Forum Expert Shri S.K. Bandyopadhyay has given a broad outline of calculating bike running expenses. However to be fair and motivational for employees it would be suggested to add 50% of the admissible depreciation and 5% of the standard maintenance charges as normal overhead to cover miscellaneous/emergency maintenance expenses.
With regards,
Chandramani Lal Srivastava
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New Delhi/19.06.2022/11:13 pm