We are forming a new proprietorship in Maharashtra. Is it compulsory to have a Group Gratuity account with LIC or is it ok to have general separate savings account or recurring account in any bank for the future gratuity disbursal.
From India, Pune
From India, Pune
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A - Group Gratuity offer letter 2010-11 (2).doc
FORM-F-NOMINATI ON OF GRATUITY.pdf