Hi All, Does anyone know if up to Rs. 3000 worth sodexho coupons are tax exempt or if the government has capped it at Rs. 1000 per month?
From India, Bangalore
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From India, Bangalore
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hi ALL What are the procedures if we have to impliment the Sodexho?? and what are all the advantages of having sudexho?? please let me know....
From India, Maisuru
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2From India, Maisuru
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The advantage of having Sodexo is to provide tax exemption for employees. This is a concession given by the government to provide food to the employees. This can be a part of employees' CTC, and the Sodexo value can be deducted from their salary and shown the same in the payslip. Normally, the amount deducted will be Rs 1300/- per month for Managers and above, the deduction will be Rs 2200/-.
Regards,
Manu
Manager HR.
From India, Madras
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Regards,
Manu
Manager HR.
From India, Madras
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