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of <h1>SEBI Rules 1992: Staff Car Use for Officials, Fees for Private Use, and Kilometer Caps Explained</h1> The Securities and Exchange Board of India (SEBI) Rules of 1992 provide that the Chairman and whole-time Members are entitled to use a staff car for official purposes. If used for private purposes, they must pay a monthly fee based on the car's specifications, with rates varying for non-air-conditioned and air-conditioned cars. The non-duty use is capped at 1000 kilometers in major cities and 750 kilometers elsewhere, excluding commutes. These provisions do not apply to those opting for a consolidated salary of Rs. 3,00,000 or Rs. 2,50,000 per month for the Chairman and Members, respectively.
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