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Optima Books & Periodicals is a complete paperless solution for corporate Books & Periodicals reimbursements. An employee can redeem the balance of their the card against books & periodicals expense to save income tax. The solution is completely customizable to suit your company policies. Optima Books & Periodicals is a digital card designed to help organizations to get tax exemption on books & periodicals expense.This benefit is extended by employer to employees for purchasing newspapers, magazine, books and periodicals which are related to the profession of the employee. The entire program can be customized to suit your company's policyOrganizations can determine monthly or fiscal limits for their employees.

HR needs to load currency into the employee’s Books & Periodicals card prior to issue the card to employees. An employee can redeem the balance of their the card against books & periodicals expense to save income tax.

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Employees can upload bills against their Optima Books & Periodicals Card for the spends depending on the company policy. It is mandatory for the employees to submit the bills as evidence. Limit of reimbursement for driver salary varies with the different organization.organizations can determine monthly or fiscal limits for their employees.


Note

Zeta doesn’t own any tax accounting responsibility on corporate conveyance allowances. It is recommended to organizations to adhere to the IT guidelines to deal with both conveyance allowance and reimbursement of driver salary expenses.

Potential Challenges Zeta Addresses

Some challenges that we are trying to overcome are:

  • Cumbersome claim process.

  • Housekeeping the manual bills and high probability of losing the bills.

  • Manual verification, approval and delay in payment settlement

Key Features

An array Arrays of features the feature of Books & Periodicals Card are:

  • Provides web interface for HR professionals and mobile app interface for employees which is available in android, iOS and windows versions.

  • Enables HR to create and manage Driver Salary Card books & periodicals card orders with a provision of using custom configurations.

  • Enables employers  employers to revoke unused amount of the card.

  • Enables employees to upload bills for reimbursements.

  • Enables employees view and analyze every transaction data and invoices. 

Key Benefits

Book & Periodicals Cardcard delivers the following benefits for employers:

  • Streamlines the overall reimbursement process digitally.

  • Provides provision for digitally verified and signed bills for approval.
  • Provides easy way of managing employees' accounts digitally.

  • Provides premium customer support.

Optima Driver Salary Card delivers the following benefits for employees:

  • Eliminates the need of manual bill submission since it is a prepaid instrument.and last minute hassle of collecting bills.

  • Eliminates the process of storing and
  • Provides a secure and easy way to use and redeem books & periodicals to save tax.

  • Provides premium customer support.


Employees can upload bills against their Optima Books & Periodicals Card for the spends depending on the company policy.

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