Actuarial Valuation Services required by SME, Non SME, MNC, Pvt Ltd, Ltd, Public Sector, Schools, Colleges, Universities to comply AS 15 (Revised 2005)

Our Firm - Gratuity Trust Fund Consultant is a Corporate Consulting Firm registered with Ministry of Micro, Small & Medium Enterprises with Registration Number - UDYAM-DL-11-0013795 with a team of Qualified CA's, CS's, Actuaries, Merchant Bankers & Insurance/Investment Professionals with decades of experience and engaged in providing Accounting, Actuarial, Legal, Insurance & Investment Solutions to Indian and Multinationals companies. Directors, CFO's, Finance Controllers, HR, Accountant Officials & Auditors of the Indian Companies can contact us for Formation of New CIT Approved Gratuity Trust as per Part C of Schedule IV of Income Tax Act, 1961 & Rule Numbers 98 to 111 of Income Tax Rule, 1962. Submission of Form A (NOTICE OF OPENING) and maintenance of Form F (NOMINATION) of Employees by the Indian Companies with employees strength 10 or more for Gratuity Registration into Labor Commissioner Office - Refer provision of Sub rule 1 of Rule 3 of The Payment of Gratuity Rule (Central), 1972 , For Accounting of Gratuity Benefits in compliance of AS 15 (Revised 2005), IndAS19, IAS 19 (Revised 2011) and USGAAP - Refer Section 129, 133 of Companies Act,2013 & Section 7 of the Payment of Gratuity Act, 1972 (a) & Compulsory Gratuity Insurance through various Insurance Schemes of Insurance Companies such as SBI INSURANCE, LIC, HDFC Insurance, Bajaj Allianz, etc. - Refer Section 4A of the Payment of Gratuity Act, 1972 (a).

The Actuarial Valuation Services required by SME, Non SME, MNC, Pvt Ltd, Ltd, Public Sector, Schools, Colleges, Universities to comply with the requirement of following Accounting Standards :-

I. AS 15 - Revised 2005,

II. IndAS 19 ,

III. IAS 19 Revised 2011- IFRS

IV. Nepal Accounting Standard - NAS 19

Actuarial Valuations are required for following plan :-

A. Gratuity,

B. Earned Leave

C. Sick Leave

D. Half Pay Leave

E. Other LongTerm Leaves.

F. Pension

G. Post Retirement Medical Plans

H. Long Term Service Awards.

I. ESOP Valuations.

J. Warranty Valuations.

K. Any type of long term benefit plan where Actuarial Inputs are required.

Most frequently used terms in Actuarial Reports are:-

1. Present Value of obligation.

2. Interest Cost.

3. Current Service Cost.

4. Past Service Cost.

5. Service Cost.

6. Benefit Paid.

7.Actuarial Gain/loss

8. Experience adjustment

9. Other Comprehensive Income.

10. Defined Benefit Obligation.

11. Statement of Profit/loss.

12. Interest Rate for Discounting.

13. Salary Escalation Rate etc. etc.

In case of any requirement call us at 011-45261651, 9211637063 or email your requirement at tikaramchaudhary@gratuitytrustfund.com

Tika Ram Chaudhary

Founder

Gratuity Trust Fund Consultant

(Corporate Consulting Firm providing Accounting, Actuarial, Legal, Insurance and Investment Solutions for Employee Benefits (i.e. Gratuity, Leave Encashment, Pension, PRMB etc.) Trusts in compliance of the Payment of Gratuity Act, 1972, The Payment of Gratuity (Central) Rules, 1972, CCS Pension Rules, 1972,  AS 15 (Revised 2005), IndAS 19, IAS 19 (Revised 2011) – IFRS, Part C of Schedule IV of Income Tax Act, 1961 & Rule 98-111 of Income Tax Rules to Indian and Multinational Companies)

Correspondence Address: Plot Number 16, Street Number-9, Prem Nagar, Uttam Nagar, Near Uttam Nagar West Metro Station, New Delhi -110059

Registered Office Address: R 11, F/F, R Block, Vikas Nagar, Uttam Nagar, New Delhi -110059

Mobile Number: 9211637063

Email Id: tikaramchaudhary@gratuitytrustfund.com & tikaramchaudhary@gmail.com

LinkedIn Profile: https://www.linkedin.com/in/tika-ram-chaudhary-a5727848/

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Tax Guru Profile: https://taxguru.in/author/tikaramchaudhary@gmail.com/

Website: www.gratuitytrustfund.com

Blog: http://gratuitytrustfundconsultant.blogspot.com

Google Business Listing: https://gratuitytrustfund.business.site/

 (All services/consultancy is subject to terms and conditions)