Karthik Shekhar
-
Government of India: The Income Tax Exemption Limit For Meals To Employees In India Was Fixed At Rs 50/ Per Meal In 2001 And Has Not Been Revised Since Then There Has Been An Increase Of 109.50% In Food Prices In The Past 10 Years; The Limit Should Be Revised To A Minimum OfThe income tax exemption limit for meals to employees in India was fixed at Rs 50/ (US$1)per meal in 2001 and has not been ...