Sodexo Meal Card: How it Works and Helps in Tax Saving

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Research has shown that happy employees serve better and improves their productivity.

HR activities are no doubt morale boosters for employees, but sometimes it’s the internal satisfaction that holds the key to an employee’s happiness.

People who live alone know very well that a significant amount of their salary goes into groceries, rent and meals. This is where the employer can help the employee save tax and enjoy tasty meals with the help of a meal pass card. Even though there are various companies which provide meal cards and employee benefits, one company that has been the leader in this space is Sodexo. It is a one-stop solution that caters to the entire organization.

You might be surprised to find out that the government has a total of 26 types of allowances and 25 perquisites even when taxes are the primary source of generating revenue. However, at the same time, managing income tax can be a tiresome task for the employees as he/she might not be that well equipped when it comes to accounts. Even though there are numerous ways through which the employees can cut down on their payable tax.

Sodexo is a saviour in a way, as it is a tax complaint solution offered by both, MNCs and small companies. In this case, what happens is that a part of the employee’s salary is credited in the meal card by the HR. Then the meal card can is used to buy food and non-alcoholic beverages. The employee can save up to Rs 12,500/- on income tax annually.

How does Sodexo tax benefits work?

Meal Pass Card

Sodexo meal pass card is pin-based and requires a specific activation that only the cardholder can perform, which generates a sense of security and non-transferability. Further, they even have a proprietary acceptance network and chose the outlets where a meal card can be used. Moreover, Sodexo has 1,00,000+ unique points of acceptance across 1,700+ cities nationwide.

Also, the Sodexo savings plan is a better tax saving option when compared to others. Their meal pass card can be easily used at both online and offline outlets. It is accepted at all Sodexo partner merchants that include many high-end food chains and grocery stores. Some of them are- KFC, McDonald’s, Box8, Singla Sweets, The Mondo Kitchen, The Cafe Barraco, White Potato Restaurant, Neo Politan Pizza and many more. It’s present on all online ordering portals like Zomato, Swiggy, Bigbasket, and FreshMenu.

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