u/RelationOk6297

Hi everyone,

Need some guidance regarding Meal Card tax saving under New Tax Regime.

My estimated FY 2026-27 income will be around ₹13.5 lakh including salary increment and FD interest. Company is offering Axis Bank Meal Card benefit of ₹8,800/month (~₹1.05 lakh yearly) and saying it is tax-exempt.

So if I take it, my taxable income may come below ₹12 lakh after standard deduction, which may make my tax almost zero due to rebate.

Is my understanding correct?

Also:

Does unused meal card balance expire monthly?

Or can it be used anytime later since card validity is 5 years?

Is it actually worth taking for WFH employees?

Would appreciate advice from people already using such meal cards.

Hi everyone,

Need some guidance regarding Meal Card tax saving under New Tax Regime.

My estimated FY 2026-27 income will be around ₹13.5 lakh including salary increment and FD interest. Company is offering Axis Bank Meal Card benefit of ₹8,800/month (~₹1.05 lakh yearly) and saying it is tax-exempt.

So if I take it, my taxable income may come below ₹12 lakh after standard deduction, which may make my tax almost zero due to rebate.

Is my understanding correct?

Also:

Does unused meal card balance expire monthly?

Or can it be used anytime later since card validity is 5 years?

Is it actually worth taking for WFH employees?

Would appreciate advice from people already using such meal cards.

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