The new Goods and Services Tax (GST) rule by the government is set to make free meals offered by employers to employees taxable. According to this rule, GST would be payable if there is supply of free goods or services from the employer to the employee exceeding the stipulated sum. An exception to this GST rule states that ‘gifts’ to an employee by an employer, not exceeding Rs.50,000 in value in a financial year, shall not be liable for GST. This new rule will come into effect from 1st July, 2017 as announced by Finance minister Mr. Arun Jaitley. A simple solution to this problem is meal cards.
Why choose Ticket Restaurant® Meal Cards?
Benefits of using the Ticket Online website for HR
Check out this video to know more about the Ticket Restaurant® Meal Cards.
Why choose Ticket Restaurant® Meal Cards?
- Ticket Restaurant® Meal Card is a first-of-its-kind product from Edenred that allows you to go ahead with your employee lunches and dinners while enjoying high tax saving benefits.
- It allows you to choose from a variety of affiliated dining restaurants, cafeterias, food courts, bakeries and food outlet. The meal card is easily reloadable, transparent and secure and can be used for payment with just a swipe.
- It is supported by a mobile based app Ticket India which is GPS enabled. It allows the card users to search affiliates, enjoy special deals and offers and receive regular notification.
- With meal vouchers set to go out of circulation from 31st December, 2017, digital meal cards like Ticket Restaurant® Meal Card is your perfect, long term solution.
- Ordering Ticket Restaurant® Meal Cards is easy and hassle-free too, thanks to the Ticket Online website.
Benefits of using the Ticket Online website for HR
- It allows you to place Ticket Restaurant® Meal Card orders online.
- Gives you instant access to pro forma invoice and lets you download the pro forma invoices too.
- Allows you to track the status of your orders.
Check out this video to know more about the Ticket Restaurant® Meal Cards.
Watch Ticket Restaurant Meal Card Video | Edenred India
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