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Local Conveyance Policy

This document outlines Pandit Ventures Pvt Ltd's local conveyance policy, which provides guidelines for reimbursing employees' local travel expenses for business purposes. It allows reimbursement for travel by two-wheeler, four-wheeler, taxi, or auto-rickshaw at specified rates. Employees must submit expense claims within 15 days using the approved form and supporting bills. Payment will be issued within one month to the employee's salary account. The policy applies only to travel within city limits for official work.

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10K views2 pages

Local Conveyance Policy

This document outlines Pandit Ventures Pvt Ltd's local conveyance policy, which provides guidelines for reimbursing employees' local travel expenses for business purposes. It allows reimbursement for travel by two-wheeler, four-wheeler, taxi, or auto-rickshaw at specified rates. Employees must submit expense claims within 15 days using the approved form and supporting bills. Payment will be issued within one month to the employee's salary account. The policy applies only to travel within city limits for official work.

Uploaded by

Dipika
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
  • Salient Features
  • Introduction and Objective
  • Procedure

                           

                                 
          LOCAL CONVEYANCE POLICY

Objective
To establish guidelines for reimbursement of local conveyance expenses for Pandit 
Ventures Pvt Ltd employees, travelling locally for business requirement.

This covers all the employees under Pandit Ventures Pvt Ltd

Salient Features

Employees can use their own vehicle for official work, and they are entitled to claim 
conveyance reimbursement, as per the details below

Two Wheeler Rs. 4/Km
Four Wheeler Rs. 9/Km

• All parking and Toll charges will be paid at actual on submission of bills.
• Expenses incurred by employees in booking a cab for official purpose can be 
reimbursed at actual with supporting bills.
• For employees using auto­rickshaw for commuting locally can claim expenses at
actual, based on employee self­declaration with details of source, destination, 
date and amount, using expense claim form (Annexure A).
• Food bills can be claimed only in the case of lunch meetings with customers or 
vendors, which is applicable for manager and above.
• This policy applies only for official work within city limits and extended suburbs
only.
• Conveyance for the journey from home to office (the office that the employee 
normally works at) cannot be claimed.
• Employees can use their own vehicles or cabs or auto for commuting locally for 
business needs and all claims should be approved by reporting manager.
• Employee should take a prior approval from reporting manager for usage of 
cab/four wheeler.
Procedure

1. Claims on local conveyance should be done within 15 days of travel.

2. Employees should use Expense Reimbursement Form to claim expenses; the 
approved form with supporting bills to be submitted or dropped in the 
reimbursement box placed near finance team.

3. Payment will be done within one month from the submission date.

4. All the payments will be done to the salary accounts.

Formulated on Effective from Prepared by Approved By


1­Apr­2018 HR Manager CEO

Note: The Company reserves the right to amend, modify, and revise any or all clauses 
of this policy depending upon market practices or exigencies of business.

                                                                        LOCAL CONVEYANCE POLICY Objective To establish guidel
Procedure 1. Claims on local conveyance should be done within 15 days of travel. 2. Employees should use Expense Reimbursemen

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