Eye Share : Impact of GST on employers and employees

In less than 24 hours, the Goods & Services Tax (GST) is set to redefine many transactions which hitherto, were outside the tax net. One such transaction between the employer & employee, who are deemed to be “related persons” under the GST law. Mr. Karthik Sundaram (Advocate) analyses how GST will affect the employer / employees and more particularly, transactions in the ordinary course of business between them....