Mileage Rate 2024 Irda Guidelines. For 2023, the standard mileage rate for the cost of operating your car for business use is 65.5 cents ($0.655) per mile. Page last reviewed or updated:
In his brief opening remarks, the chairman touched upon the industry’s performance in terms of premium garnered upto february 2024 which was ₹ 9.70 lakh. It was mandatory for new cars to have a long term car insurance policy.