3. Updates on vehicle and driver facilities also
If you have got a car and driver from the office, then their value has also been updated according to the new law. Small vehicles (up to 1.6 litres) will be considered as tax value of ₹8,000 per month. A big vehicle will be considered worth up to ₹10,000 per month. If the company is also providing the driver, then its value has been fixed at ₹ 3,000 per month.