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Meal allowancesare a typical benefit due to their tax advantages to the employee. The current tax-free limit is up to INR 50 per day if the employee chooses to continue with allowances as per the old tax regime. No meal allowance is available if an employee chooses a flat deduction under...
Robinhood, a stock trading and cryptocurrency investing app, promotes a fully stocked kitchen and catered meals to job seekers on its career page. Gifts and activities While fun activities and gifts are also perks rather than benefits, they’re worth considering including in your total rewards ...
and during the summer she took the kids to parks to play and ride bicycles. Wendy changed from teaching the nursery at church this year to teaching the 3 year olds. She enjoys cooking and puts a lot of effort into planning meals to keep her family fed. She still enjoys her job and pl...
In order for expenses to be treated as an allowable deduction for tax, two conditions must be met: the employee is obliged to incur and pay it as holder of the employment and the amount is incurred wholly, exclusively and necessarily in the performance of the duties of the employment. But...