Standard Mileage Rate 2024 India

Standard Mileage Rate 2024 India. 67 cents per mile driven for business use, up 1.5 cents. The rates are used to determine the deductible costs of using a vehicle for business, charitable,.

1, 2024, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:  — the standard mileage rate set by tax authorities can be a reference for businesses when determining reimbursement rates.