Dear All,
I work for a construction company where a lot of staff are entitled to reimbursement of conveyance based on their official travel between different local sites. Due to the frequent changes in petrol prices, we need to revise the reimbursement rates as well. I kindly request all of you to share some formulas or criteria on how to calculate the correct reimbursement rate per kilometer for two-wheelers and four-wheelers.
Thanks,
Ramesh
From India, Delhi
Acknowledge(0)
Amend(0)
I work for a construction company where a lot of staff are entitled to reimbursement of conveyance based on their official travel between different local sites. Due to the frequent changes in petrol prices, we need to revise the reimbursement rates as well. I kindly request all of you to share some formulas or criteria on how to calculate the correct reimbursement rate per kilometer for two-wheelers and four-wheelers.
Thanks,
Ramesh
From India, Delhi
Acknowledge(0)Amend(0)
Hi. I am an accountant in company ,I want to know how to calculate local conveyance for increase rate with new petrol rate of bike & car
From India, Mumbai
Acknowledge(0)Amend(0)
From India, Mumbai
Acknowledge(0)Amend(0)
Dear Sirs,
You can classify the petrol conveyance by grade as follows:
- Rs. 7/km if the rate is Rs. 80 to 90/ltr
- Rs. 6/km if the rate is Rs. 60 to 79/ltr
- Etc.
I hope you can present this proposal to the seniors for their consideration.
Regards,
Niraj Kumar
From India, Bhopal
Acknowledge(0)Amend(0)
You can classify the petrol conveyance by grade as follows:
- Rs. 7/km if the rate is Rs. 80 to 90/ltr
- Rs. 6/km if the rate is Rs. 60 to 79/ltr
- Etc.
I hope you can present this proposal to the seniors for their consideration.
Regards,
Niraj Kumar
From India, Bhopal
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Attrition Rate formula.pdf
Calculation of Attrition Rate.doc