Hi, We have introduced Food Vouchers as a part of Compensation for employees. If any one can pl suggest how the same can be reflected in the salary slip of employees?
From India, Bangalore
From India, Bangalore
Hi partha Its really very good. I have still some quiries. If you dont mind can i expect help from u
From India, Hyderabad
From India, Hyderabad
I am working in the software company as HR & operations executive.
This is a startup company. I want to design a salary structure and also compensation policy and also the employee benefit policy. I have enough knowledge on this but still i need help from somebody .
I will be thankful to you if you help me in this regard. How should i go with this.
Thnaking You
Sameera S
From India, Hyderabad
This is a startup company. I want to design a salary structure and also compensation policy and also the employee benefit policy. I have enough knowledge on this but still i need help from somebody .
I will be thankful to you if you help me in this regard. How should i go with this.
Thnaking You
Sameera S
From India, Hyderabad
Hi Partha,
The information is really useful but i had a doubt, with regards to Meal voucher i heard there is a limit of 1100/1250 worth coupon for a month, per employee. Is that true. Please confirm.
Thanks
JJ
The information is really useful but i had a doubt, with regards to Meal voucher i heard there is a limit of 1100/1250 worth coupon for a month, per employee. Is that true. Please confirm.
Thanks
JJ
Hi JJ,
Please refer to the finance Act, 2005.
In terms of the provisions of sub- clause (II) of clause (B) of sub-section (2) of section 115WB, any expenditure on or payment made through paid vouchers which are not transferable and used only at eating joints or outlets, is not liable to FBT. (There is no limit to this as of now).
Hope this helps!
Thanks & regards,
Partha.
From India, Calcutta
Please refer to the finance Act, 2005.
In terms of the provisions of sub- clause (II) of clause (B) of sub-section (2) of section 115WB, any expenditure on or payment made through paid vouchers which are not transferable and used only at eating joints or outlets, is not liable to FBT. (There is no limit to this as of now).
Hope this helps!
Thanks & regards,
Partha.
From India, Calcutta
Hi Sameera,
I can contribute towards ur work only if I know the company process and ideologies . You can send me a rough draft of your work and I can add on that or take one at a time and discuss about your specific doubts. As you know most of it I believe you are already doing a good job.
Regards,
Partha.
From India, Calcutta
I can contribute towards ur work only if I know the company process and ideologies . You can send me a rough draft of your work and I can add on that or take one at a time and discuss about your specific doubts. As you know most of it I believe you are already doing a good job.
Regards,
Partha.
From India, Calcutta
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