mployers are increasingly migrating retirement savings from superannuation trusts to NPS due to lower costs, greater flexibility, and improved portability. The transition is tax-neutral when carried out in accordance with prescribed legal procedures.
Efficient gratuity trust management involves record-keeping, claim settlement, investment tracking, regular trustee meetings, legal compliance, and annual audits.
Stay compliant! Explore the recent MCA amendment affecting private companies’ securities. Learn the timeline, actions needed, and penalties to ensure a smooth transition.