Sentences with phrase «gratuity liabilities»
The structure of a pension scheme avoids the difficulties which some companies find themselves in when managing accrued gratuity liabilities.
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You can also transfer your existing gratuity liability managed under other funds to Reliance Life Insurance Company Limited.
Max Life Group Gratuity Premier Plan: It facilitates the employers to fund their gratuity liability in the most successful manner.
Payment of gratuity liability contributions The past service gratuity liability contribution can be paid either in a lump sum or in installments spread over not more than 5 years.
* Subject to the gratuity liability based on an actuarial valuation provided by a qualified actuary by way of certificate provided under the Accounting Standard 15 (Revised)
Not exact matches
Every employer has to obtain insurance for his liability for payment towards the gratuity.
Am I matching long - term liabilities under Gratuity with my investment strategy?
Presenting, Reliance Nippon Life Traditional Group Employee Benefits that provides you with Gratuity and Leave Encashment benefits fund management services to meet your liabilities towards your employees based on your Scheme Rules, along with life cover to insure your employees against future contingencies.
On death under the Gratuity and Leave Encashment scheme, the accrued liability + a fixed Sum Assured equal to Rs. 1000 is payable
Exide Life Group Traditional Employee Benefit Plan has been designed to manage employee benefits like leave encashment and gratuity for the employees, and helps in building a substantial fund, to ensure hassle free discharge of the liabilities as a responsible employer.
A gratuity scheme helps an employer plan for this liability.
These might include Group Mediclaim, Group Gratuity, Fire Insurance, Workmen Compensation, Personal Accident, and Professional Liability Insurance policies.
Or, why don't we just calculate the present value of future salary and hold that as a liability, just like we do for gratuity benefits?