P Ramachandran
Hr & Administrative Manager
Tikaramchaudhary@sify.com
Client Relation Manager To Actuary

Dear all,
It is practice to provide gratuity provision in accounts every year to ease the gratuity payment by the management. The provision is approvable by the Income Tax Authorities if the same one is based on the actuarial valuation done by the approved valuers. For this, you may refer the following cite;
http://www.actuarial-valuation.com/
30th June 2010 From India, Madras
We are providing actuarial consultancy in the area of employee benefits wherein compliance of Accounting Standards of the Institutes of Chartered Accountants is applied. Most important institute, in the Indian context, is The Institute of Chartered Accountants of India. The relevant accounting standard applicable to accounting for employee benefits issued by The Institute of Chartered Accountant of India is Accounting Standard-15 (Revised 2005) and some of the important employee benefits involving actuarial treatment are :-
Gratuity
Leave Encashment
Pension
Post Retirement Medical Benefits
Since annual financial statements such as Balance Sheet and Profit/ Loss Statement of your clients are at hand for the close of the financial year as on 31.03.2013, the services we deal in will be needed by you and we will be happy to provide our services if needed. For further details we request you to visit our website at <link no longer exists - removed>
Tikaram Chaudhary
9211637063
31st January 2013 From India, Delhi
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