Superannuation and Gratuity Fund
KBG assists in creation of tax efficient Superannuation and Gratuity Trusts. KBG offers services for managing these funds where investments are managed internally or managed by insurance companies. We maintain total investment records and liaise with The Reserve Bank, Other Banks, and PSUs for investments in case of internally managed trusts.
We provide following services in compliance to the provisions of Superannuation and Gratuity Act:
Providing day to day consultancy on matters pertaining to Payment of Gratuity
Obtaining Registration of establishment with the controlling Authority.
Assistance in calculation of the amount of Gratuity payable to an employee.
Formation of approved Gratuity Fund.
Preparation & submission of notice with the controlling authority in case of change of name, address and nature of business of establishment
Intimation to controlling authority from time to time as may be required under the act.
Obtaining permissions from controlling authority from time to time as may be required under the act.
Assistance in payment of contribution to the approved Gratuity Fund.
Preparation & submission of nomination forms with the controlling authority.
Submission of amendment in nominations.
Assistance in payment of Gratuity to employee
Preparation and filling return with the controlling authority
Assistance in ensuring compliance of various provision of the act related to disclosures, notice, displays, deduction forfeiture etc.
Replying/Satisfying Show cause Notices by the inspector/ controlling authority
Representing establishment before inspector/ controlling authority
Representing employer at the enquiries conducted by the inspector.
Representing establishment before the appellate Authority.