:D
Hi,
I'm Savitri. New member of this site. For the past 10 days, I'm going thru all the topics in this cite. Its really helpful.
Can someone clarify my doubt please?
Food Coupons are to be taxed 30%! some says its tax free.for both the employer and the employee.
thanks in advance
savitri.M

From India, Bangalore
Hi Savitri, Its not taxable for the employee. However for the employer its 10%. Rgrds, Srao Mumbai

Hi Savitri
As far as I know, the food coupons are considered in option of the canteen facility and as such it remains out of the bounds of the FBT.
As such it is a non taxable Item... Not by employer or employee

From India, Ahmadabad
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.





Contact Us Privacy Policy Disclaimer Terms Of Service

All rights reserved @ 2024 CiteHR ®

All Copyright And Trademarks in Posts Held By Respective Owners.