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Search for "Sodexo Meal Pass Usages"


Sodexo pass
Hi i am working as hr in software company.total strength of employees are 15.we are planning to go for sodexo passmeal for the employees.i have heard that it is tax benefit to employees and no fbt to employer. but i would like to know that how sodexo voucher amt is calculatedon what basis??does it depend upon the designation or salary of the employeedoes sodexo pass are given to permanent/probation period employee etc ...if we give sodexo pass under salary it will be tax benefit but if we provide sodexo pass excluding salary then it will considered as perks to employees.we would like to go for both as it will be tax benefit and perks to employees to motivate them. kindly guide me. kalatranspacific.in regards kala.
Sodexo meal passes taxed in ay 2010-2011?
Hi all please let me know if the sodexo meal coupens are taxed in the ay 20102011 for the f.y april 09 to march 10. we give out meal coupens worth rs 1100 per employee. thanks anupama
Sodexo pass
Hi can i know where all i can use sodexo as this is the first time i am using it. nash
Meal allowance sodexo in ctc - should i add it in gross or directly in in hand?
I need to add 600/ sodexo coupon in ctc breakup. please suggest me should i add it in gross or directly in in hand. breakup u is as follow: basic hra cca ca esic pf ctc where meal allowance should be?? regards sneha
Sodexo passes in salary structure
Dear all my company is planing to introduce sodexo passes to the salary structure of employees. i have done some research and have also met a representative from sodexo. after all the discussion i found that more or less introduction of sodexo is mainly centered to employee benefits. i am still in a fix to make a decision as i am not clear with the part that what will be the companies benefit in introducing sodexo? kindly share your experience regarding the same.
Income tax notice for sodexo coupons
A pil is being filed to avoid tax evasion through meal coupons. has anyone received income tax notice for audit of sodexo coupons? following is the email send to it department and charges raised in pil: dear sir/madam this is with reference to meal allowance paid through salary to employees in india. meal allowance in salary is tax exempt component and therefore many companies give food coupon to employees. ideally it is to be used for ready to eat food and for meal taken in office or nearby office within working time. however the coupons are grossly misused to create parallel currency. the coupons are redeemed without signature of the beneficiary. thus the usage becomes untraceable. and some vendors rotate/exchange the coupons as parallel currency. is this legal? if not why it department is silent on this? how can grocery stores and malls accept such coupons if the allowance is for ready to eat meal? isnt this illegal to claim tax benefit for shopping groceries? how can the coupons be redeemed in bulk? the exemption is for rs 50 spent every day on meal. income tax department must issue notice to such food coupon vendors sodexo ticket restaurants to explicitly make these points clear to their customers. also the redeemed coupons should be checked randomly to confirm signature at the back of the coupon. companies should also be mandated to record the use of coupons since they claim income tax exemption for their employees on the basis of these coupons. millions of employees and their employers grossly misuse the benefit of meal allowance to avoid tax. it department is requested to act and stop this tax fraud.