<h1>Employee Gifts Up to Rs. 50,000 Exempt from GST; Excess Taxable in Business Contexts, Per GST Law Interpretation.</h1> Gifts from employers to employees valued up to Rs. 50,000 annually are exempt from GST. Gifts exceeding this amount, given without consideration, are taxable under GST if made in the course of business. The definition of a gift is not specified in GST law but is generally understood as voluntary and occasional. Employee services to employers are not taxable under GST, nor are contractual benefits like free housing or club memberships, provided GST was paid during procurement. These benefits are part of the employment contract and not subject to GST if included in the cost-to-company.