https://www.taxtmi.com/acts?id=10401 Prescribed conditions govern the use of a non-transferable pre-paid electronic meal card for fringe benefit tax purposes. The card must be issued by the issuing bank under an employer scheme, bear the employer's and employee's particulars, be limited to one card per employee, and be used only by the named employee for ready-to-eat food or non-alcoholic beverages from a member establishment. Daily purchases may not exceed one hundred rupees, and transaction records must be maintained as required under the Act. en-us Mon, 26 Jan 2009 10:01:22 +0530 Wed, 20 May 2026 17:11:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10401 Prescribed conditions govern the use of a non-transferable pre-paid electronic meal card for fringe benefit tax purposes. The card must be issued by the issuing bank under an employer scheme, bear the employer's and employee's particulars, be limited to one card per employee, and be used only by the named employee for ready-to-eat food or non-alcoholic beverages from a member establishment. Daily purchases may not exceed one hundred rupees, and transaction records must be maintained as required under the Act. Act-Rules Income Tax Mon, 26 Jan 2009 10:01:22 +0530 https://www.taxtmi.com/acts?id=10401