food coupon tax exemption

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Deal Lieutenant
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food coupon tax exemption

Get to know from one of my friend's that using meal card we can save an annual tax of Rs.12000.

If that is true can any of you DD finance geek please explain about this ? process of claim 

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Talk-Of-The-Town Talk-Of-The-Town
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No claims... You need to speak to your HR/Admin to provide this. They will remove this component from your taxable salary and load your food card. Nothing for you to do except spend the amount on your food card smile

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Pro Tech Guru Pro Tech Guru
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Ever heard about sodexo/pluxee/zeta?

Looks like you are newbie in job market

Talk-Of-The-Town Talk-Of-The-Town
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No claims... You need to speak to your HR/Admin to provide this. They will remove this component from your taxable salary and load your food card. Nothing for you to do except spend the amount on your food card smile

Deal Lieutenant Deal Lieutenant
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This is limited to 2.2k per month I believe, so you can save max Rs 7920 annually.

Deal Subedar Deal Subedar
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its taxable in new scheme anyways

Deal Cadet Deal Cadet
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If your company is providing meals or dinner they won't issue these meal coupons or sodexo

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