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Economy

Companies may have to restructure their compensation package to tackle GST's impact

Updated : April 16, 2018 09:57 AM IST

Benefits such as reimbursements on home rentals, medical coverage etc. could face taxation under the new system.
Companies may have to pay GST on full value for services provided at concessional rates.
AAR ruling that canteen charges recovered from an employee would be liable to GST may now be taken as a precedent.
Companies may have to restructure their compensation package to tackle GST's impact

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