Blogs

End-of-Service Benefit
18
Nov
2024

Actuarial Valuation of End-of-Service Benefit: An In-Depth Guide for Businesses

Actuarial valuation of end-of-service benefits is essential for businesses managing employee obligations…

AS 15 R
18
Nov
2024

Difference Between AS 15 R and IND AS 19 in Leave Encashment Actuarial Valuation

Actuarial valuation of leave encashment is essential for businesses to accurately assess and record…

Old Pension Scheme
18
Nov
2024

Opportunities for Actuarial Consultants with the Introduction of Old Pension Scheme (OPS)

Actuarial valuation of end-of-service benefits is essential for businesses managing employee obligations…

18
Nov
2024

Comparison of National Pension Scheme (NPS) and Old Pension Scheme (OPS)

Pension schemes play a vital role in securing financial stability after retirement. Both the National Pension…

Actuarial Valuation
18
Nov
2024

Consideration of Key Assumptions in Actuarial Valuation of Gratuity, End of Service Benefit, and Leave Encashment

Actuarial valuations play a crucial role in managing employee benefits like gratuity, end of service benefit…

UAE Labor Law
18
Nov
2024

New UAE Labor Law About End of Service Benefit

The new UAE Labor Law brings significant changes to the end of service benefits for employees…

EOSB Benefits in Saudi Arabia
17
Oct
2024

Different Types of EOSB Benefits in Saudi Arabia

Understanding employee benefits is crucial for both employers and employees. In Saudi Arabia, the End of Service Benefit (EOSB)…

Gratuity Ceiling
17
Oct
2024

Change in Gratuity Ceiling for Central Government Employees

Gratuity is an important financial benefit for employees, especially those working in government sectors. The recent announcement…

Gratuity Insurance
17
Oct
2024

How Does Gratuity Insurance Work in India?

Gratuity is a lump-sum payment given by employers to employees as a token of appreciation for their service. In India, it’s a statutory benefit…

Leave Encashment
17
Oct
2024

Is Leave Encashment Liability Taxable?

Leave encashment is an important financial consideration for employees and employers. It allows employees to receive compensation…