How to save income tax on Sodexo meal coupons?
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How to save income tax on Sodexo meal coupons?
CA dimers, please help…
I get Sodexo meal vouchers worth Rs. 1950 per month. Employer cuts Rs. 650 towards some meal coupons tax(i also don’t know why they cut, asked several times but No satisfactory answer).
These Sodexo vouchers are not mentioned anywhere in Form16, neither is the tax of Rs. 650 mentioned.
How can i save income tax in this scenario? I keep on reading everywhere we can save tax on Sodexo….but how? WHich section?
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Check point no. 15 under part B. Perquisites in this link
You are all idiots.
Your salary is reduced by the amount you get in Sodexo. So effectively you are saving tax on the amount received as sodexo vouchers.
Its as simple as that!!
it is considered as perquisite but with a limit of rs 50 per meal (or per day) as tax free coupon. Anything in excess is taxable.
In case of OP i doubt 650 is a tax but it looks like extra amount deducted by employer to give coupons. Balance 1300 may be for 26days*50 tax free.
Costly liquor made u genius ha? 
Self Proclaimed, will find in all threads 
I can’t comment on the 650rs tax untilI see the payslip of the employee.
For the tax free part you are correct about 50rs per day.
50rs per day transalte to 1300 per month (26days working) as tax free. But employer is giving coupons worth 1950. So balance 650 is deducted from salary.
Here comes the interesting part – employer considers this as charges paid by customer to get coupons and hence this 650 also qualifies tax free.
The rule states
Actual coupons value – amount paid by emoloyee to get those coupons = actual benefit for enployee which must be taxable in excess of 50rs per meal limit
I think its 50 per meal. My employer considers 2 meals. I get around 2500 per month which is entirely tax free
Where do u end up spending your Sodexo balance every month these days?
Forcing employees to give back in cash is unethical. They should have given only 1300rs monthly.
order from dmart, they accept sodexo cards on delivery as well (be cautious as they have a machine which would be used by many)
Are you sure? I dont think DMart accepts Sodexo. See link:
https://www.dmart.in/dma...aq
my bad guys, i can’t be 100% sure about it Sodexo.
but i’m sure about zeta card as i myself used it 2 weeks back.
True !!! 
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I get similar meal card and the entire amount is not taxable and deducted from gross income. This meal coupon tax seems complete daylight robbery.