Forum: ALL DISCUSSIONS (LIST)
18th March 2010, 02:37 PM
|
|
Replies: 11
Views: 13,924
Re: What is limit for Food allowance
The logic of a 2200/- food coupon is simple. As per the act, you can give a coupon of Rs. 50 per meal. The employer can say that they are providing two meals a day, which makes it 100/- per day....
|
|
Forum: ALL DISCUSSIONS (LIST)
17th March 2010, 03:32 PM
|
|
Replies: 11
Views: 13,924
Re: What is limit for Food allowance
If you give a food allowance in the form of cash, then the entire amount is taxable. However, if you provide the food in the form of coupons, then the maximum amount can be 2200/- per month.
|
