Blogs

31
Mar
2025

Actuarial Liability Provisions Under The Indian Income Tax Act

Actuarial liability provisions are key to the financial soundness and regulatory requirements of insurance entities in India. These actuarial science-based provisions help ensure that insurers have

31
Mar
2025

Tax Implications of Gratuity Valuation for Employers and Employees in India

Let’s consider something important for a moment—financial security. Picture working for years, pouring your time, energy, and talent into an organisation, and when you need to…

10
Feb
2025

Understanding the End of Service Benefits in Qatar

End of Service Benefits (EOSB) in Qatar serve as financial security for employees when they leave their jobs. The country’s labor laws ensure that employees receive fair compensation for their years of service…

10
Feb
2025

How Actuaries Calculate Gratuity Liabilities?

Gratuity is an essential employee benefit that rewards long-term service. Companies must estimate their gratuity liabilities accurately to comply with financial and regulatory standards…

10
Feb
2025

Leave Encashment Valuation and Compliance with Accounting Standards (AS 15, IND AS 19, IFRS)

Leave encashment is a crucial aspect of employee benefits and financial planning. Employers provide this benefit to compensate employees for their unused leaves…

10
Feb
2025

Understanding End of Service Benefits in the UAE

End of Service Benefits (EoSB) in the UAE ensure financial security for employees after leaving their jobs. These benefits compensate workers for their service and help them transition smoothly…

10
Feb
2025

How to Calculate End of Service Benefits

End of service benefits (ESB) are essential for employees and employers, reflecting mutual commitments in the workplace. These benefits provide financial security to employees when their…

10
Feb
2025

The Role of Data in Gratuity Actuarial Valuation

Data plays a vital role in gratuity actuarial valuation. Gratuity, a statutory benefit in India, is crucial for employees and organizations. Actuarial valuation calculates gratuity liabilities, ensuring financial…

10
Jan
2025

Factors That Impact the Final EOSB Amount

The End of Service Benefits (EOSB) is an essential entitlement for employees under labor laws in many countries. It serves as a financial reward for their dedication and contribution over the years…

10
Jan
2025

Leave Valuation and Compliance with IAS 19 and AS 15 Standards

Effective leave valuation is essential for organizations to manage employee benefits responsibly. Compliance with IAS 19 and AS 15 ensures businesses meet accounting standards for employee…