29
Mar
2024
Planning for the Future: Actuarial Valuation and Leave Availing Strategies
Planning for the future is crucial for financial stability. Actuarial valuation plays a vital role in this planning, especially concerning leave…
29
Mar
2024
The Importance of Actuarial Valuation for Leave Encashment Plans
Organizations offer leave encashment policy as an employee benefit. This policy allows employees to convert their unused vacation…
29
Mar
2024
Gratuity Eligibility for Employees with Service Exceeding 4 Years 8 Months
The Payment of Gratuity Act, 1972 (the Act) serves as a foundation for employee gratuity in India. However, determining eligibility…
26
Feb
2024
Best Practices for Determining Duration of Liability in Discount Rate Setting
In actuarial valuation, determining the duration of liability for setting discount rates is important…
26
Feb
2024
Is Actuarial Valuation Relevant for Assessing Leave Scheme Liabilities?
Paid leave keeps employees happy, but it also comes with a cost. How much? Actuarial valuation unlocks the answer. Leave schemes are an important…
26
Feb
2024
Applicability of IND AS 19 on Gratuity Valuation
Gratuity Valuation is a crucial aspect of financial planning for businesses. It represents the future liability a company incurs towards…
26
Feb
2024
Applicability of AS15R on Gratuity Valuation
AS15R, also known as Accounting Standard 15 Revised, significantly impacts how organizations value gratuity liabilities…
26
Feb
2024
Applicability of Actuarial Valuation on Different Types of Leave Policies
Actuarial valuation plays a vital role in assessing the financial implications of various employee benefits, including leave policies…
12
Jan
2024
The Impact of Leave Encashment Valuation on Business Finances
Every employee saves their paid leave days to encash them when they retire or resign from a company. It’s a common practice…
12
Jan
2024
Exploring The Key Differences Between AS 15R And Ind AS 19 In Employee Benefit Accounting
Section 129 of the Companies Act 2013 requires companies to prepare Financial Statements each year…
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