Dear Members, Please let me know the statutory food allowance which can be allowed for employees & does it chance from industry to industry??? Regards, R&I
From India, Hyderabad
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1From India, Hyderabad
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Dear Members, Please let me know the statutory food allowance which can be allowed for employees & does it chance from industry to industry??? Regards, R&I
From India, Hyderabad
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From India, Hyderabad
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You can pay any amount as food allowance. However any amounts paid over and above Rs 50 per day is taxable. Radha
From India, Hyderabad
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From India, Hyderabad
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If you give food allowance in form of cash, then the entire amount is taxable. But if you provide the food in form of coupons, then the maximum can be 2200/- per month.
From India, New Delhi
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From India, New Delhi
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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. Therefore, a 2200/- food coupon is also tax-free.
Regards,
Amit
From India, New Delhi
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Regards,
Amit
From India, New Delhi
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Dear Amit, As per shift working hour of 8 hr per day, can we say we provide 02 meal for employee in a day and claim tax free for Rs. 2200/- as food coupon. Regards, Prabin
From India, Vadodara
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From India, Vadodara
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Hi,
I have a query - our organization doesn't provide any food coupons, but can we still claim it by stating that we offer coupons? Do employees or employers need to provide hard copies of food coupons to claim tax rebates?
Regards,
Neha Sharma
From India, Chandigarh
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I have a query - our organization doesn't provide any food coupons, but can we still claim it by stating that we offer coupons? Do employees or employers need to provide hard copies of food coupons to claim tax rebates?
Regards,
Neha Sharma
From India, Chandigarh
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Hi Guys, Earlier it was 2200/- but now food coupons above 1250/- is taxable. Please check it and make sure. Regards, Rajesh Auchare
From India, Mumbai
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From India, Mumbai
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Hi friend,
Yes, if you have not provided the food coupons, it is considered as cash disbursement in lieu of food coupons, making it taxable. Therefore, you cannot claim a rebate. If you are providing the food coupons, then you can claim a rebate.
Regards,
Sreedar.S
From United Kingdom, Worthing
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Yes, if you have not provided the food coupons, it is considered as cash disbursement in lieu of food coupons, making it taxable. Therefore, you cannot claim a rebate. If you are providing the food coupons, then you can claim a rebate.
Regards,
Sreedar.S
From United Kingdom, Worthing
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Hi... Can we include the food allowance amount in monthly salary of workers to match minimum wages? Regards JK
From India, Bangalore
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From India, Bangalore
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My company is provide RS 2500 sodexo coupen but i recive to Rs 2500 cash this cash is tax benifit return filing less that amount or not
From India, Bengaluru
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From India, Bengaluru
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