Infinite Computer Solutions (India) Ltd.

Plot No. 157, EPIP Zone,

Phase 2, Whitefield,
Bangalore-560066

www.infinite.com

Food Allowance Policy

Doc ID Ver.# QMS Author Approved Date of Process Process
Ver.# by Approval Manager Owner
th
IH16 1.1 7.0 Reshmi Sunder 20 Dec 2012 HR Manager Head HR
Jacob Rajan

This document is the property of and proprietary to Infinite Computer Solutions. Contents of this
document should not be disclosed to any unauthorized person. This document may not, in whole or in
part, be reduced, reproduced, stored in a retrieval system, translated, or transmitted in any form or by
any means, electronic or mechanical outside the Infinite Network.

Company Confidential Infinite Computer Solutions (India) Ltd Page 1 of 5

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Food Allowance Policy Document ver: 1.1

Document Control
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Document Release Date 29 Jan 2013

Document Number IH13

Intended Audience All employees of Infinite

Applicability This policy is applicable to all employees who work out of Infinite
Offices (Bangalore, Chennai, Hyderabad and Gurgaon) and Client
Locations.

Revision History

Ver Details of Changes Author Approved by Date of Release

th
1.0 Created New Suchismita Sujay K 28 March 2011
th
1.1 Updated to New Rootz Reshmi Jacob Sunder Rajan 29 Jan 2013
Version 7.0

Glossary / Abbreviations / Acronyms

Short Form Explanation / Full form

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Food Allowance Policy Document ver: 1.1

Table of Contents

1. Objective of the Policy .......................................................................................................................... 4

2. References ........................................................................................................................................... 4
3. Policy .................................................................................................................................................... 4

* To be indicated as NIL if the same is not relevant / does not exist

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Food Allowance Policy

1. Objective of the Policy

To include a food allowance benefit for all employees of Infinite

2. References
NA

3. Policy
3.1 For this policy the employees would be categorized into two parts:
a) Working out of Infinite offices across Bangalore, Chennai, Hyderabad and Gurgaon
b) Working out of client locations

3.2 For Employees working out of Infinite Offices :(Locations: Bangalore / Chennai / Hyderabad
and Gurgaon)

3.2.1 The Food Allowance of Rs.1000/- would be added as an additional component to the
employee’s gross, on a monthly basis.

a. Employees have a choice of opting for the food facility provided by Infinite, by registering on
Spandan-
(https://spandan.infinite.com/portal/Spandan/Departments/Admin/Food/FoodSurvey.aspx).
st st
This is on an annual basis (1 January to 31 December), and the employee will not be able
to disable the same before completion of the year.

b. Employees who avail the above facility would be provided with an Infinite food card / Infinite
food coupons for Rs.1000/- per month, which would be deducted from the monthly gross.

c. For employees who do not wish to avail this facility, an amount of Rs: 1000/- would be
credited to their monthly gross salary. This amount is taxable as per norms.

For employees working in Infinite offices across locations:

Additional Food Total Gross Per

Gross / Month Deduction
Allowance Month
Rs. 1000/- if availing
Rs. 15,000/- (Gross) Rs. 1000/- Rs. 16,000/-
food facility

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3.3 Employees working out of Client Locations-

3.3.1 The overall monthly gross of the employee will remain the same, since the food allowance
component reflected in the monthly salary is only a restructuring of the “Other Allowance”
segment.

For example: If Other Allowance component in the monthly gross of the employee is Rs, 5000/-
going forward the same would be reduced to Rs. 4000/- and an additional component - “Food
Allowance” amounting to Rs. 1000/- would reflect in the payslip. Thus the “Monthly Gross’ does
not undergo a change.

For employees working out of Client locations:

Additional Food Total Gross Per

Gross / Month Deduction
Allowance Month
Rs. 15,000/- (Gross) NA Rs. 15000/- NA

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