30
Sep
2025
Actuarial Gains and Losses in Leave Valuation and What They Mean
Leave is more than just a break from work. For employees, it is a right. For employers, it is an obligation. When companies promise leave encashment or carry-forward benefits, they create a
30
Sep
2025
Understanding AS 15 and Ind AS 19: Gratuity Accounting Standards in India
Gratuity is one of the most important employee benefits in India. Employers use it as a way to recognise long service and loyalty. Employees often see it as financial security after years of
30
Sep
2025
What is the Projected Unit Credit Method Used for Gratuity Calculation?
Gratuity is more than just a financial benefit. It is an employer’s way of showing gratitude for years of loyal service. But have you ever wondered how companies calculate this amount? The answer lies in something known as
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…
07
Jun
2024
How Actuarial Valuation Supports Financial Stability in Enterprises
Financial stability is crucial for businesses. One way to achieve this is through actuarial valuation. This process helps assess risks…
29
May
2024
When is an Employee Eligible for Gratuity Payment?
Working long enough with a company will expose you to quite a few financial terms. One such common word is “gratuity”…
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
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…
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