Actuarial valuation
February 26, 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 part of the overall employee compensation package. It includes annual leave, sick leave, and other types

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Leave Encashment Valuation
January 12, 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. According to Indian labour laws, each employee can take a specific number of paid holidays annually. These paid

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Leave Encashment Valuation
May 30, 2023

Understanding Leave Encashment Valuation: Calculations and Considerations

Leave encashment refers to the practice of an employer compensating an employee for the unused leaves or vacation days upon retirement, resignation, or termination. It is an important aspect of employee benefits and requires careful valuation to ensure accurate financial

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leave encashment valuation
May 5, 2023

The Importance of Accurate Leave Encashment Valuation for Companies

Leave encashment is a common practice in many companies where employees are paid for unused leave days. While this practice can be a great way to reward employees and improve morale, it can also be a significant expense for companies

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Leave Encashment Valuation
February 7, 2023

Leave Encashment Valuation

Leave Encashment Valuation Every salaried person, as per labor law, is entitled to a minimum number of paid leave every year, however, it is not necessary that an individual employee utilize leave balance at the time of retirement or resignation

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Actuarial Valuation of Gratuity
February 2, 2023

Best Actuarial Valuation Consultants

The Actuarial Valuation of Gratuity is a method of valuing the value of an employee’s pension liability. It is used to determine how much money employers will have to pay out in pensions. The Actuary determines how much an employer

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IND AS 19 employee benefits
February 2, 2023

IND AS 19 | Employee Benefits

What is IND AS 19? The Goal of the Indian Accounting Standard Ind AS 19 is to establish accounting and disclosure requirements for employee Benefits. Accounting according to Ind AS 19 criteria comprises both recognition and measurement. Furthermore, the accounting

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July 6, 2022

Warranty Valuation and How it Works?

What is a Warranty? A Warranty is a form of guarantee given by a manufacturer or other similar entity on the condition of their product. It also refers to the conditions and circumstances under which repairs or exchanges will be

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June 23, 2022

5 Issues to Consider for Funding a Gratuity Scheme

Funding a Gratuity Scheme Gratuity is a portion of such a worker’s remuneration that is paid by his or her company in exchange for such tasks or services that the worker has provided to the organization. Funding a Gratuity Scheme.

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June 21, 2022

ESOP Valuation

ESOP Valuation – It’s a short position, which ensures that companies in an employee share scheme (ESOP) have no obligations as well as the ability to buy the equity assets at a specified price on a pre-determined date. This is

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