* @ Rs. 135 x 26 Days x 12 Months<\/td><\/tr><\/tbody><\/table>\n\n\n\nWhere to Use Food Coupons?<\/h3>\n\n\n\nMeal Vouchers can be used as a mode of payment for the purchase of food items and non – alcoholic beverages.<\/p>\n\n\n\n They can be used in any shop designated as a Food and Beverage<\/strong> outlet.<\/p>\n\n\n\nSupermarkets and Kirana Stores with Visa<\/strong> sticker will accept the Food Plus<\/strong> debit Card. Typically, you can use these at: <\/p>\n\n\n\n- Restaurants, <\/li>
- Sweet Shops, <\/li>
- Bakeries, <\/li>
- Fast Food Corners and <\/li>
- Food Outlets<\/li><\/ul>\n\n\n\n
Most of the big grocery chains like Big Bazaar, Reliance Fresh including dining restaurants like Mc Donald’s and Pizza Hut, KFC accept these.<\/p>\n\n\n\n They have a validity of one year typically from 1 Jan to 31 Dec of any year and can be used anywhere in India.<\/p>\n\n\n\n The outlets generally have the stickers off the vouchers pasted on their visible areas to show that they accept these coupons.<\/p>\n\n\n\n Paper Voucher vs Debit Card<\/h3>\n\n\n\nMeal vouchers are issued in denominations of Rs. 50, 20, 10, and 5. Please note that outlets will not return the change in CASH if the total amount is not rounded off to the denomination of coupons you have.<\/p>\n\n\n\n If you get a Debit card (like HDFC food Plus card), then there is no need to worry about denominations. These cards work like a debit card and any amount can be swiped.<\/p>\n\n\n\n Example:<\/strong><\/p>\n\n\n\nLet’s say that you have made a purchase of Rs. 267 and want to pay with food coupons. Then you can pay 4 * 50 1 * 10 1 * 5 = 265.<\/p>\n\n\n\n If you use one more Rs. 5 coupon to pay the balance Rs. 2, the outlet will not return you Rs. 3 in cash. They can only return the change using Food coupons.<\/p>\n\n\n\n Since they don’t have a coupon of Rs. 3, you need to either purchase for this amount or forgo this amount. Or what you can simply do is pay Rs. 265 with coupons and Rs. 2 in cash!<\/p>\n\n\n\n FAQ<\/h2>\n\n\n\nAre Food coupons Income tax exempt in India?<\/strong> The income tax of India recognizes food coupons or meal vouchers as a tax-exempt entity.
The number of coupons you avail are not included in your taxable salary.
So, the amount you would normally pay as income tax would land up in your pocket to spend! <\/p> <\/div> Do I pay the same price for Food & Beverages with Meal Vouchers as I do with cash?<\/strong> All meal Voucher affiliated outlets are bound to charge you as per the MRP\/Listed price. In case of overcharging above MRP\/Listed Price, you should not go ahead with the purchase.
A complaint needs to be lodged with the designated Manager in your company who will then pass this on to the coupons issuer company.<\/p> <\/div> Does using Food Coupons Make Sense?<\/strong> Keeping the food inflation in mind, it is certainly not a bad idea to avail of food coupons. They get extra purchasing power in your hands.
This money is obviously your own money and there is nothing wrong with saving tax the right way.
Most of the companies today have food coupons as part of their salary packages to help increase the take-home pay of the employees.
But in case your company does not have this facility, you need to convince your HR team.<\/p> <\/div> <\/div>\n<\/i>\r\n\t\t\t\t<\/span>\r\n\t\t\t<\/span>
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