Payment of Gratuity Act, 1972

Services We Offer

Parinitha Business Consultancy, based in Bangalore, specializes in providing expert services in compliance with the provisions of the Payment of Gratuity Act, 1972:

– Providing day-to-day consultancy on matters related to the Payment of Gratuity.
– Obtaining Registration of establishments with the Controlling Authority.
– Assisting in calculating the gratuity amount payable to employees.
– Facilitating the acquisition of appropriate Gratuity Plans from insurance companies to meet the employer’s liability for gratuity payments.
– Formation of Approved Gratuity Funds.
– Preparation and Submission of notices to the Controlling Authority in the event of changes in the name, address, or nature of business of the establishment.
– Regular intimation to the Controlling Authority as required under the Act.
– Obtaining permissions from the Controlling Authority as needed under the Act.
– Assisting in the payment of contributions to the Approved Gratuity Fund.
– Preparation and Submission of nomination forms to the Controlling Authority.
– Handling amendments to nominations.
– Assistance in the payment of gratuity to employees.
– Preparation and filing of returns with the Controlling Authority.
– Ensuring compliance with various provisions of the Act related to disclosures, notices, displays, deductions, and forfeitures.
– Responding to and satisfying Show Cause Notices issued by Inspectors/Controlling Authorities.
– Representing establishments before Inspectors/Controlling Authorities.
– Providing assistance during inspections and searches of premises conducted by Inspectors.
– Representing establishments at inquiries conducted by Inspectors.
– Representing establishments before the Appellate Authority.

Choose Parinitha Business Consultancy for reliable guidance and efficient management of Payment of Gratuity Act compliances tailored to your establishment’s needs.