Consulting Gratuity Trusts -Tika Ram Chaudhary

26/02/2026

More than 45 days have passed since the publication of the Draft Rules under the Social Security Code 2020.

The final notification may arrive at any moment.

The burning question is not when the law will come into force—but whether our systems, registers, and processes are truly ready.

The following are major mandatory requirements under the Social Security Code for Indian and Multinational Companies are as under :-

1. Restructuring of Companies current Qualifying Salaries for computation of Gratuity, Leave Encashment, PF, ESI, Bonus etc to Wages as per provisions of Section 2 (88) of the Social Security Code, 2020.

2. Impact Analysis of wages on Actuarial Valuation Liabilities of Gratuity and Leave Encashment under the Social Security Code, 2020.

3. Setup of Irrevocable Trust for establishment of Approved Gratuity Fund as per Provisions of Section 57(3) for Registration of Establishment under the Social Security Code, 2020.

The provisions of this Section are notified by Central Government vide gazetted notification dated 27.11.2025 and it is applicable to all Indian UK, US, European, Japanese, Chinese Multinational Companies which falls in preview of Central Government as Appropriate Government.

4. Maintainance of Nomination Form of all Employees.

In case of any query or clarification on the above subject, you may contact us at 9211637063, 011-45261651 or email your requirement at [email protected].

03/02/2025

Follow the GTFC - Actuarial Valuation, Gratuity Registration, Compulsory Gratuity Insurance & Gratuity Trust channel on WhatsApp: https://whatsapp.com/channel/0029Vazifm96BIEhSape943L

03/02/2025

Saraswati Pooja ki Sabhi Ko Shubhkamnaye

01/02/2025

17/01/2025

29/07/2022

My Firm “Gratuity Trust Fund Consultant” is providing End to End Consultancy and Support Service to Public Sector, Private Sector and Multinational companies forming Approved & Registered Gratuity Trust as per Part C of The Fourth Schedule of Income Tax Act 1961 to get Tax Benefits under Section 36 (1) (v) of the Income Tax Act 1961, which is not available to when company make provision of Gratuity Liability in the Balance Sheet under “Pay as you go Option” (Refer Section 47A (7) of Income Tax Act 1961). We have almost 11 years of experience in providing above Consultation and related Support Services. The details of Consultancy and End to End Support Services provided us with liaison of Various Consultants/Professional is as under: -

1. Consultancy Services: -

A. Formation of a New Approved Irrevocable Gratuity Trust.
B. Investment of Trust Money as per Income Tax Rules 1962.
C. Drafting of Board Resolutions Trust Deed, Trust Rules, Applications.
D. Approvals of Trust in terms of Part C of Schedule IV from Income Tax Department in following cases :-
i. Approvals for New Gratuity Trust or Group Gratuity Scheme
ii. Approvals for Change in Trust Deed
iii. Approvals for Change in Trust Rules
iv. Approvals for Change in Object of Trust
v. Approvals for Change in Trustees
vi. Approvals for winding up of Trust due to winding up of the Company
vii. Approvals for amalgamation with another fund due to merger/acquisition of the Companies.

We also provide Support Services for Preparation of Inputs for Actuarial valuations Reports/Certificates required by Indian Companies for compliance of following Accounting Standards under Gratuity Plan : -

a. For compliance para 120 (l) of AS 15 (Revised 2005)
b. For Full compliance para 120) of AS 15 (Revised 2005)
c. IndAS 19
d. IAS 19 (Revised 2011)
e. US-GAAP

In case of any of requirement, you may send email at [email protected] or call me at 9211637063.