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Group gratuity scheme/trust - is there any provision to maintain the funds?
We would like to implement group gratuity scheme in our company. our employer would like to keep the funds as like pf trust. fund will be managed by the hr & finance departments. rather than opting 3rd party is there any provision to maintain the funds? if anybody is aware of this please help us.
Switch over to group gratuity scheme of insurer
Hi can anybody please help me to know how can an employer having its already established selfmanaged gratuity trust fund switch over to group gratuity scheme of insurer? actually i wanted to know the detail process in steps required for this. it would be great help if any body can provide required info. thanks.
Employee group gratuity
1 would you please guide me what is the procedure if the trustee changes / retires under the employees group gratuity trust. 2 to whom we should inform and in which format. sud...
Exempted pf trust v/s unexempted pf
A company is having a trust for provident fund and is exempted from getting it self registered with the provident fund authorities. would like to know the benefit of having a own trust fro provident fund deducted from the salaries of the employees against registering the company with the government pf authority. is it advisable to get the organisation registered with pf authority. what benefit are available in income tax act for such trust. also need the revised provident fund rules after the new rules which have come in july 2007 that can be filed with the pf authorities. pl advise kapoor
Provident fund tax deduction
Dear allis there any amendment in the provisdent fund act or any notification by the government that if a person will withdraw his provident fund before the completion of 5 years then 33 will be dedected in the form of just want to clear it from my respected seniors.in my company which belonng to having our own trust for this purpose are deducting on the provident fund if an employee will withdraw before 5 years.plz reply with details.yours faithfullyranjeet
Tax on super annuation fund
Please let me know the tax treatment on superannuation fund.. whether the tax will be calculated as per income tax slab or any fix percentage of tax will get applicable?