Standard Mileage Rate 2024 India. It is powered by a 349 cc bs6 phase 2 engine and has a user reported mileage of 35 kmpl. The irs has announced that the 2023 business standard mileage rate is increasing to 65.5 cents, up 3 cents from the 2022 midyear adjustment of 62.5 cents.
31, 2022, the standard mileage rate for business travel will be 62.5 cents per mile, up 4 cents from the 58.5 cents per mile rate. The irs is raising the standard mileage rate by 1.5 cents per mile for 2024.