Gratuity Funds. A fund established in India under the Payment of Gratuity Act of 1972, to provide for the payment of a gratuity to certain types of employees (e.g., factory and mining workers) of an Indian employer specified in the Payment of Gratuity Act of 1972.
Appears in 5 contracts
Samples: Inter Governmental Agreement and Memorandum of Understanding (Mou), International Tax Compliance Agreement, International Tax Compliance Agreement