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Conveyance Allowance for Salaried Employees
by Shamith Puthran on Feb 02, 2010 02:05 PM   Permalink

Long Long ago, the price of petrol/diesel was Rs: 25/15. At that time, the conveyance allowance was Rs: 800 pm.

Now that the price of petrol/diesel is almost 60/40, the conveyance allowance is still 800 pm.

I think you should increase the yearly exemption from rs:9600 to rs:18000 at the minimum.

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