CTC Car Benefit Calculator — Cash vs Lease vs Company Car India
Compare cash car allowance, car lease, and company-provided car. Find which option gives you the highest annual benefit after tax. FY 2025-26.
Your Car Benefit Details
Cash offered or lease amount
₹
₹
2 yrs5 yrs
Best Option for You
🔑 Car Lease
Saves you approximately ₹1,72,320/year compared to the worst option.
Annual Benefit Comparison
💵 Cash Allowance₹1,23,840/yr
🔑 Car LeaseBEST₹2,96,160/yr
🏢 Company Car₹1,73,261/yr
💵 Cash Allowance
Gross amount₹1,80,000
Tax paid− ₹56,160
In-hand/month₹10,320
🔑 Car Lease
Lease amount₹1,80,000
Tax saving+ ₹56,160
Car ownership+ ₹1,80,000
Annual benefit₹2,96,160
🏢 Company Car
Car usage value₹1,80,000
Perquisite value₹21,600
Tax on perquisite− ₹6,739
Net benefit₹1,73,261
Car lease is pre-tax — your employer deducts the lease amount before computing TDS. Company car perquisite is taxed at flat values under Rule 3 (not actual car value). Consult your HR and CA for exact structuring.