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Used meal card benefits? Form 12BA deadline alert: Why salaried employees must collect it by April 30 for filing ITR for AY 2026-27Salaried employees need to collect Form 123 from employers by April 30, 2026. This form details perquisites like meal card benefits. It is ...- Meal card reporting when filing ITR: How to do it correctly and claim tax benefits under both the old and new tax regimesSalaried employees can now claim meal card tax benefits under both old and new tax regimes from Tax Year 2026-27. For AY 2026-27, the benef...
- Meal vouchers at Rs 200 per meal: Who gets income tax benefit and how the ‘working hours’ rule appliesThe increase in the tax-exempt limit for employer-provided meals to ₹200 per meal under Rule 15 of the Income-Tax Rules, 2026 marks a signi...
- Meal cards to offer Rs 1.05 lakh income tax exemption: New changes for salaried taxpayers under Income Tax Rules 2026 to be effective from April this yearSalaried employees can now claim an income tax exemption of up to Rs 1.05 lakh annually on meal cards, vouchers, or subsidized canteen food...
- Get up to Rs 1.05 lakh income tax exemption on meal cards: Draft tax rules 2026 boost salaried savingsSalaried employees stand to gain significantly from proposed tax rule changes. Under draft Income Tax Rules, 2026, the annual tax exemption...
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