Various associations that issue nourishment coupons/dinner vouchers to representatives every month not sticking to perquisite valuation rules issued by the Income Tax Department.
A few associations issue meal vouchers toward the end of the month while others issue supper vouchers toward the start of the month. Very few of them issues meal vouchers ahead of time for every quarter. You may issue dinner vouchers at whatever point you wish. Nonetheless, with a specific end goal to claim charge exclusion, representatives should utilize meal vouchers for devouring nourishment amid working hours. On the off chance that an association issues meal vouchers toward the end of a month, it could be contended that the aggregate sum of supper vouchers issued in that month might be completely assessable in that month since its impossible the dinner vouchers can be utilized by representatives for utilization as a part of that month. In such a case, charge exception to the degree of Rs. 50 for each dinner, if pertinent, can be asserted just in the following month.
Sodexo preferably works towards enhancing the quality of life for the Employees, Partners, and Customers. They deliver solutions that positively affect Employees and Partners inspiration for upgraded commitment towards our clients' execution. They offer a scope of benefits like:
• Employee Benefits – Meal Benefit framework, Cafeteria card framework, Gifting Benefits
• Incentive and Recognition – Employee Rewards, Channel Incentive Solutions, Festive Gifting,
Sodexo works on Customer Promotions and Loyalty Programs to bolster associations to upgrade representative inspiration and engagement by giving vigorous and versatile. Sodexo Meal Vouchers provide robust and scalable employee benefits that deliver savings, satisfaction, and synergy with employee needs. Introducing, India’s only fully Integrated Meal benefit system that offers superb flexibility with Meal Cards, Meal vouchers, and Cafeteria cards.