Ticket Restaurant Meal Vouchers 

Human Resource is the most important asset for any organisation. Companies, who show a genuine concern for their employees' welfare, reap enormous benefits in loyalty motivation and productivity.

Accor Services presents unique solutions to render these benefits in a simple and hassle free manner. Designed to work alone or integrate seamlessly with your existing benefits, Accor Services offers unparalleled solutions to today's increasingly complex employer and employee needs.

Ticket Restaurant^® Meal Vouchers from Accor Services are prepaid meal vouchers given by organisations to their employees to have a meal at their convenience. These vouchers are given by law as a social benefit.

Tax Benefit: Recent Valuation of perquisites rules mentions meal allowance through meal vouchers can be provided upto Rs.50/- per meal during working hours. It is a competitive scenario wherein the employee is working harder than ever before. Therefore, we recommend, assuming that any employee would consume at least two meals during work hours (breakfast and lunch or evening snacks and dinner), and hence at the rate of Rs.50 per meal, the company could provide Rs.100 per working day as the maximum allowance to the employee. Hence, if you opt for Ticket Restaurant^®Meal Vouchers @ Rs. 100/- (Rs. 50/- per meal x 2) per working day, instead of cash in your salary, the tax you save on Rs. 31200/- i.e. (Rs. 100/- x 26 days x 12 months) is:

Disclaimer: The above responses are made to the best of our understanding and interpretation of the subject matter and should be used with the same in mind. Recipients are advised to obtain their respective interpretations as they deem fit.