Many of us use our personal cars for
business use as well as personal use. Many companies provide fuel
reimbursement to field sales people and managers based on trips made for
official purpose. As per Indian Income tax rule, if fuel reimbursement is
provided for business purposes and for tax rebate on the bills submitted, the
log book of travel needs to be maintained. However its difficult to maintain
logs of all business trips made along with start and end odometer readings.
SafeKar , a personal car tracking product launched by AssetTrackr provides a very simple
way of capturing business trips. A GPS tracking unit can be fitted in your
personal vehicle and all your vehicle tracking
trips are captured by the system. All car stoppage addresses are captured
which can then be renamed to reflect client locations. One can then check all
his trips and mark each trip as personal trip or business trip. At the end of
the month, one can opt to take print-outs of all his business trips for the
month and submit the same for reimbursements.
