Compress and Extract options in Thunar

Please anyone help me in creating Custom Options for Compress and Extract Here in Thunar File manager

Please help me...

No need to create custom options: you need to install the thunar-archive-plugin to have both Compress and Extract Here options. You may install it with the following command:

 sudo apt-get install thunar-archive-plugin 

After installing (and closing all previous instances), you will find both options in Tunar's right-click menu.

Source

Have a look at http://docs.xfce.org/xfce/thunar/custom-actions

It has step by step instructions including compress/extraction examples.