Thresohold limit of meal voucher for Salary purx
This query is : Resolved
26 November 2010
if employer provide non transfrable meal coupan to employee during ofiice hour it is exempated for tax, kindly let me know what is the limit as per income tax rule
26 November 2010
Rs. 50/- per meal.
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26 November 2010
There is no limit specified under Income Tax Act but an amout should be "considerable". You may go upto Rs. 75/- per day
Depends on salary you can take meals vouchers. In our company we will give meals voucher upto 10000/-. In our case person salary exceeding 150,000 per month.
Depends on salary you can take meals vouchers. In our company we will give meals voucher upto 10000/-. In our case person salary exceeding 150,000 per month.
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