Companies may have to rework salary packages to reduce GST impact - dailyOnews

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Sunday, April 15, 2018

Companies may have to rework salary packages to reduce GST impact

India Inc may have to start restructuring compensation packages or human resource benefits of employees to ensure they don’t face taxing times under the goods and services tax (GST). 

Reimbursements on home rentals, telephone charges beyond a certain limit, medical premiums for extra coverage, health check-ups, transportation, gym use, uniforms or even re-issue of identity cards could face GST. 

 

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