Company Car Perquisite Tax Calculator India 2025-26
Calculate income tax on your company-provided car. Perquisite value under Rule 3 for engine ≤1600cc and >1600cc, with and without driver.
Company Car Details
Portion of car use that's personal (not official)
Perquisite Value (Rule 3)
₹1,800/month
This is what gets added to your income — not the actual car value or EMI.
Tax Impact
| Monthly perquisite value | ₹1,800 |
| Annual perquisite value | ₹21,600 |
| Annual tax on perquisite | ₹6,739 |
| Monthly tax on perquisite | ₹562 |
Company Car vs Cash Allowance
If your company gave you ₹10,800 cash (50% personal use portion) instead of the car:
Tax on cash allowance₹3,370
Tax on company car₹6,739
Annual tax saving-₹3,369
Perquisite values are fixed by Rule 3 of Income Tax Rules — ₹1,800/month for ≤1600cc (₹2,400 with driver), ₹2,400/month for >1600cc (₹3,300 with driver). These are added to your gross salary for TDS computation. FY 2025-26 rates.