Income-tax (First Amendment) Rules, 2009 - Prescribed conditions for the purposes of sub-clause (iii) of clause (B) of sub-section (2) of section 115WB. - 01/2009 - Income Tax

Pre-paid meal card rules: employer-issued non-transferable cards, single-card per employee, issuer agreements and daily purchase limit enforced.

Prescribes conditions for a non-transferable pre-paid electronic meal card: employer-framed scheme; issuance by an issuing bank under agreement; one card per employee; card to bear employer and employee identification; use restricted to the named employee for ready-to-eat food or non-alcoholic beverages at member establishments; maintenance of transaction details by employer and member establishment; definitions of issuing bank and member establishment with exclusion for outlets selling alcoholic beverages.