2024 Mileage Rate For Taxes In India. On thursday, february 1, 2024, india’s finance minister nirmala sitharaman delivered her sixth consecutive financial budget to the indian parliament, one that was void of any tax. You can use this mileage reimbursement calculator to determine the deductible costs associated with running a vehicle for medical, charitable, business, or moving.

The indian middle class, long considered the backbone of the nation’s economy, is increasingly burdened by a tax system that favours the wealthy. Dec 21, 2023 | tax news.