Conveyance allowance: Is allowance offered by

Conveyance allowance is allowance offered by employers to cover the cost of travelling from home to the workplace. It is offered by companies that do not provide transportation facilities. It falls under the purview of CBDT (Central Board of Direct Taxes). Conveyance allowance is a fixed sum of money paid by an employer to an employee to cover commuting expenses between home and workplace. This allowance forms part of the salary and is commonly listed under 'Special Allowance' in the salary slip format. It helps employees offset the daily cost of travel, such as bus, metro, or auto fares. Conveyance allowance is a type of allowance offered to employees in India. Learn the meaning of conveyance allowance , its exemption, and tax rules here. Conveyance allowance is a fixed sum paid by employers to employees to cover daily travel expenses between home and workplace . It is a common component of salary structures in India and other countries, aiming to offset the cost of commuting, such as fuel, public transport, or vehicle maintenance.