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Dear Fellow Members,

With the recent budget announcement, the conveyance allowance in the salary structure has been revised to INR 1600/- per month from the current 800/- per month. I request all of you to shed some light on this and confirm the date of implementation. Do we need to revise the structure for all employees, or is it only for new joiners?

Regards,
Mike

From India, Hyderabad
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w.e.f. 1st Apr 15 or after finance bill passed. The CTC components can be readjusted for availing the conveyance allowance as tax exempted.
From India, Lucknow
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