Hi Savitri,
I'm a new member of this site and have been exploring all the topics here for the past 10 days. It's really helpful. Could someone please clarify my doubt?
Are food coupons supposed to be taxed at 30%? Some say they are tax-free for both the employer and the employee.
Thanks in advance,
Savitri M
savitri@manipal.com
From India, Bangalore
Acknowledge(0)
Amend(0)
I'm a new member of this site and have been exploring all the topics here for the past 10 days. It's really helpful. Could someone please clarify my doubt?
Are food coupons supposed to be taxed at 30%? Some say they are tax-free for both the employer and the employee.
Thanks in advance,
Savitri M
savitri@manipal.com
From India, Bangalore
Acknowledge(0)Amend(0)
Hi Savitri, Its not taxable for the employee. However for the employer its 10%. Rgrds, Srao Mumbai
Acknowledge(0)Amend(0)
Acknowledge(0)Amend(0)
35CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Employee Benefits.doc
Employee Benefits.zip