2024 Mileage Rate Per Mile In India. Current mileage rate (2024) the irs standard mileage rates for 2024 stand at: Effective january 1, 2024, the standard mileage rate for business vehicle use has increased to 67 cents per mile, up from the 2023 rate of 65.5 cents per mile.

How to calculate your mileage reimbursement? The irs issued the standard mileage rates for 2024, which are used to calculate the deductible costs of operating a car for various purposes.