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incentive to employee
employee having incentive more than 50000/- is GST applicable on after 50000/- amount?💐
Replies (3)
no GST on employee benefits like salary, incentive , bonus and other allowances
But, if you give a gift amounting more than Rs.50,000/- than GST is applicable on entire amount of gift whether in cash or in king .
gift means cash or facility given to someone due to love and affection. we give incentive for the work done by the staff.
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