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Registration of employees gratuity trust

CA 1289 views 1 replies

dear members,

please tell if in case employee gratuity is privately maintained by a pvt company, then what is the registration process of employee grauity trust and where is to be registered ? 

and what are the other compliances of maintaining the trust and manner of investing the fund,

 

Vikas sharma 

Replies (1)

You can form a Group Gratuity Scheme with LIC. An agent from LIC itself will guide you about all the procedures. You can contact any agent at LIC.
A resolution has to be passed by the authorized signatory and Trustees as applicable are to be assigned.




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