Hi
I think there is no upper limit mentioned for food coupons for employees. But 10(15) places a restriction of 50 per meal. Is there any other provisions which talks about food coupons. Also, does it attract FBT?
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Food coupons
Replies (2)
For food couponswhich are not transferable and usable only at eating joints and outlets -Fbt will not apply.
Yes
Jayalakshmi is correct . food coupons which are not transsferrable & used in factory are not laible to FBT.
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