Taxability On Sodexo Meal Coupons.

Please explain the exact taxation issues related to sodexo meal coupons to be given to the employees from the point of view of both employer and employee. Does it liable to Fringe Benefit Tax? How can employer include it in employee's salary structure? Please note that employer is Pvt Ltd company in this case.

Please note that currently Fringe Benefit Tax is not applicable.
Sodexho Meal coupons are tax free in the hands of the employees upto a certain limit.
The expense is a business expense and allowable for computation of income tax for the employer.
The coupons can be incorporated as a part of salary.