Interpreted Prediction
A 70 lakh car acquired through a car lease policy from an employer, with deductible driver salary, petrol, and lease payments, could effectively cost around 97,000 in total over 4 years, after considering tax deductions.
AI Evaluation Notes
The prediction significantly underestimates the cost. Leasing a 70 lakh car, even with tax benefits on lease rentals, driver salary, and petrol, would total significantly more than ₹97,000 over four years. Tax benefits reduce the taxable income, but the lease payments themselves, plus fuel and driver costs, would far exceed this amount.
Prediction Details
Topic