30 April 2008
Can someone please confirm what is the maximum amount can be given to employees as food allowance per day? Earlier it was Rs. 50/- per day. Is there any new limit been set?
As we are giving Sodexho food vouchers to our employees Rs. 1500/- per month and we want to increase the voucher amount, we want to confirm whether it does not get taxable to employees.
CAclubindia
