InkedGratuity Trust_LI-c850e5ec

Gratuity Trusts – An Overview

What is Gratuity Derived form the word “Gratitude” Lumpsum amount paid by employer to employee at the time of retirement, superannuation or death Statutes Applicable Payment of Gratuity Act, 1972 Income Tax Act, 1961 AS 15/ Ind AS 19 – Employee Benefits Provision of Gratuity liability        Payment of Gratuity Act, 1972 Section …

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