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 ...
30 Apr, 2026, 04.36 PM IST
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...
24 Apr, 2026, 07.01 AM IST
Meal card tax benefit: Do you get it under the new tax regime?New Income-Tax Rules have clarified meal voucher benefits. The tax-free limit for employer-provided meal vouchers has increased to Rs 200 p...
06 Apr, 2026, 08.36 AM IST
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...
27 Mar, 2026, 12.27 PM IST
New Income Tax rules, 2026 notified: From HRA to company car to meal card, top six prominent changes which will impact salaried taxpayersThe Income Tax Rules, 2026 have been notified, introducing significant changes for salaried taxpayers. Key updates include revised motor ca...
20 Mar, 2026, 05.57 PM IST
Higher HRA, bigger tax-free perks: How draft Income-Tax Rules 2026 could boost your take-home payBudget 2026 introduces significant perquisite rule changes, lowering taxable housing valuations and increasing tax-free limits for educatio...
21 Feb, 2026, 08.00 AM IST
Company car perk gets costlier: Draft Income Tax Rules 2026 could add Rs 4,352 to your tax bill over car perks on Rs 15 lakh salarySalaried employees face increased income tax under draft Income Tax Rules, 2026, due to changes in company car perk valuation. Those using ...
17 Feb, 2026, 07.01 AM IST
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...
13 Feb, 2026, 10.33 AM IST
Tax compliance on top for meal card issuing companiesTo be treated as tax-exempt in the hands of employees, a cap of Rs 50 per meal has been prescribed.
20 Oct, 2017, 10.53 AM IST
Zeta ties up with RuPay for broader acceptance networkTaking forward its commitment towards the Digital India movement, Zeta is also planning to launch payments via UPI, Bharat QR Code and Aadh...
11 Apr, 2017, 04.50 PM IST
Cashless push tears into paper meal-voucher firmsRBI guidelines for prepaid payment instruments mandate all meal-voucher companies to switch over to electronic formats by the end of the ye...
22 Mar, 2017, 09.17 AM IST
Budget 2015: How tax benefits can boost your take-home payIf your employer does not give you HRA, deduction for rent paid by you is available from gross taxable income, subject to various limits.
01 Mar, 2015, 02.59 PM IST
- Pay tax for your club membership
Now, you’ll have to pay tax on club membership unless it is specified in your work contract that it is for official purpose
22 Dec, 2009, 07.45 AM IST
- Perks to burn bigger hole as pre-FBT norms return
Perks such as cars, rent-free accommodation, stock option plan, etc have become taxable in the hands of employees now. Final worth of your ...
21 Dec, 2009, 12.34 PM IST
FBT shadow hangs over your salary slipGovt to announce norms for FBT that have become taxable in the hands of employees after a change effected in the 2009-10 Budget. Fact sheet...
07 Nov, 2009, 07.20 AM IST
- Employees will now have to bear the FBT burden
Employees enjoying perks such as rent-free accommodation, cars, credit cards and club memberships may have to pay tax on these. Budget 2009...
08 Jul, 2009, 06.05 AM IST
- Govt all set to axe freebies on perks
Perks like accommodation, cars, interest on loans, educational facilities & use of laptops may come under scanner.
07 Feb, 2005, 11.53 PM IST