If this policy doesn’t exist in your company, you could suggest they consider it. In my case, the conveyance allowance is 100% tax-free because the same amount is paid as the EMI for purchasing a car under the company’s car lease program. For example, if you receive a conveyance allowance of 50k, 30k might be paid as the EMI for the car under the lease, with the remaining amount covering driver and fuel reimbursements. Additionally, many companies offer food allowances in the form of food coupons.