Key Things To Know About Meal Coupons
Aug29

Key Things To Know About Meal Coupons

Many companies give meal vouchers to their employees in a bid to help them save taxes. Here are few things about these meal coupons and tax exemption that comes with them. If an employee is paying for meal, tea or snacks during office hours, the amount spent is exempt from taxes. If the employer provides meal coupons compliant with RBI and IT guidelines, then the amount of INR 50 per meal vouchers given to the employee is deemed to be...

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