We provide medical reimbursement to our employees on a quarterly basis. but they're not always able to provide the requisite medical bill. what should be done in this scenario
1. can they also produce the bill of their immediate family members like father, mother, wife and kids, and /or any other relative?
2. should we ask them to produce bill on an annual basis (of rs 12,000, or 15,000) if they can't produce the bill quarterly?
or can we also give them the payment without the production of medical bills?
for your information, this medical amount is part of their salary. please suggest as soon as possible. thanks in advance.
From India, Faridabad
1. can they also produce the bill of their immediate family members like father, mother, wife and kids, and /or any other relative?
2. should we ask them to produce bill on an annual basis (of rs 12,000, or 15,000) if they can't produce the bill quarterly?
or can we also give them the payment without the production of medical bills?
for your information, this medical amount is part of their salary. please suggest as soon as possible. thanks in advance.
From India, Faridabad
Hi,
1) The employees can cover the medical expenses of the dependents like Mother, father, dependent siblings. We follow this policy.
2) The bills can be produded annually before 31st March. But only trouble is collecting the bills of such a huge amount. Hence quaterly system is helpful.
In case you pay them the medical amount without bills, that much amount becomes taxable.
Regards
Trupti.
From India, Mumbai
1) The employees can cover the medical expenses of the dependents like Mother, father, dependent siblings. We follow this policy.
2) The bills can be produded annually before 31st March. But only trouble is collecting the bills of such a huge amount. Hence quaterly system is helpful.
In case you pay them the medical amount without bills, that much amount becomes taxable.
Regards
Trupti.
From India, Mumbai
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.