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Services - Gratuity Management

ABS is providing Gratuity Management Services and Gratuity Trust Administration services.

Details of Gratuity Management Services includes:

  • Formation of Gratuity Trust
  • Obtaining Income Tax Exemption for the Trust
  • Operating Trust Bank Accounts
  • Co-ordination with Fund Managers like LIC/SBI/ICICI etc
  • Processing and Disbursement of Gratuity Claims
  • Handling Employee Queries
  • Tax Compliance
  • Co-ordination with Auditors and
  • Filing Income Tax Returns for Trust