What is the difference between Transport allowance and Conveyance allowance?

The difference between Transport allowance and Conveyance allowance are:

Transport allowance:
Travelling allowance is given to meet commuting expenses between place of residence and office or to meet personal expenditure of employee of transport business.
It is fully taxable.

Conveyance allowance:
Conveyance allowance is allowance granted to meet the expenditure on conveyance in performance of office duty.
It is exempt up to the conveyance amount actually incurred.

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