tikaramchaudhary@sify.com

"Ours is a consultancy with actuarial expertise specializing in the field of accounting for Post-Retirement Employee Benefits (Gratuity, Leave Encashment, etc.) needed for compliance with the Accounting Standards of the Institutes of Chartered Accountants. The consultancy is headed by Mr. M.L. Sodhi" ... (more)

"Greetings All, Our consultancy specializes in actuarial expertise in the field of accounting for Post-Retirement Employee Benefits such as Gratuity and Leave Encashment. We focus on ensuring compliance with the Accounting Standards of the Institutes of Chartered Accountants. The consultancy is led b" ... (more)

"Hi Kamal, I don’t think that the subsection you are referring to has been notified. In case you have any updated information, please do share it with all of us. Thanks, Ravi We provide actuarial consultancy in the area of employee benefits, where compliance with the Accounting Standards of th" ... (more)

" Greetings Friends, Greetings for the day. I have a question on the gratuity, though this subject has discussed in the length in the CTHR many times, and I have gone through that discussion also but I could not find the appropriate answer on the following points. Is that mandatory to set-asid" ... (more)

" Greetings member, You have to go through that particular Act and applicable Rules (Central or State) under which you want to ensure compliance. With Regards, R.N.Khola Sr. Associate (LL & IR) Skylark Associates, Gurgaon (Haryana) (Labour Law Consultants) Office: 311, AKD Tower, Sector 14, Gurgaon (M" ... (more)

"Hello HR Skippers, Please find attached a very ethical ET article on Value, Valuation, and Values. We provide actuarial consultancy in the area of employee benefits where compliance with the Accounting Standards of the Institutes of Chartered Accountants is applied. The most important institute, in th" ... (more)

"We provide actuarial consultancy in the area of employee benefits, ensuring compliance with the Accounting Standards of the Institutes of Chartered Accountants. The most important institute in the Indian context is The Institute of Chartered Accountants of India. The relevant accounting standard applicabl" ... (more)

" After reading the posts, I have many queries and I request CiteHR members with real and complete knowledge to guide all members on the following points: 1. I am assuming that gratuity payment provision is to be made in the annual books of accounts every year. Is it okay to make a provision of actua" ... (more)

" Greetings all, It is common practice to provide a gratuity provision in accounts every year to facilitate gratuity payments by the management. This provision needs to be approved by the Income Tax Authorities, which can be done if it is based on actuarial valuations conducted by approved valuers. Fo" ... (more)

" Hi, Gratuity valuation by a certified Actuary is essentially required to ensure that the organization has made necessary provisions for the payment of gratuity to its employees upon resignation or winding up. Internal/External auditors use the Actuary’s reports to check whether the provision" ... (more)

"Hi Smitha, The valuation certificate for statutory payments is not much important prior to the Satyam scam. The statutory payments are valued by the management themselves and provisions are made in their books of accounts accordingly. After the Satyam scam, all statutory payments are focused on for " ... (more)

" Greetings Smita, Actuarial valuation of Gratuity liability is mandatory under the Income Tax Act. It should be done annually. The actuarial valuation of Leave Encashment Liability is also mandatory. This practice started from F.Y. 2007-08, so more certified Actuaries will be available this year. Thanks" ... (more)

"We provide actuarial consultancy in the area of employee benefits, where compliance with the Accounting Standards of the Institutes of Chartered Accountants is applied. The most important institute, in the Indian context, is The Institute of Chartered Accountants of India. The relevant accounting standar" ... (more)

"We provide actuarial consultancy in the area of employee benefits, ensuring compliance with the Accounting Standards of the Institutes of Chartered Accountants. The most important institute in the Indian context is The Institute of Chartered Accountants of India. The relevant accounting standard applicabl" ... (more)

"We provide actuarial consultancy in the area of employee benefits, wherein compliance with the Accounting Standards of the Institutes of Chartered Accountants is applied. The most important institute in the Indian context is The Institute of Chartered Accountants of India. The relevant accounting standar" ... (more)