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TAX STRUCTURING - Corporate Catalyst India

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PENSION & MEDICAL FUND CONTRIBUTION<br />

Applying the same analogy to Medical Insurance Contributions,<br />

wherein benefit remains vested in the employee throughout his<br />

life, it is clear that employees do acquire vested right during the<br />

term of employment and thus, taxability arises<br />

“Important to examine the point of vesting under the specific social<br />

security scheme”<br />

24

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