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New Labour Code FAQs And 50% Wage Rule Explained
5 Jan 2026India’s four labour codes are now in effect, but critical questions remain unanswered. This employer-focused guide addresses the most pressing new labour code FAQs, particularly around the 50% wage rule and what constitutes ‘total remuneration’.
New Gratuity Rules India 2025: Labour Code Changes & Actuarial Impact
25 Nov 2025The Social Security Code 2020, which officially came into effect on November 21, 2025, introduces major reforms that will substantially increase gratuity payouts and extend coverage to fixed-term employees across India. This comprehensive guide explains how these changes affect employees, employers, and actuarial valuations. Key Takeaways: India’s New Gratuity Rules 2025 Effective Date: November 21, […]
Duration of liability for setting the discount rate for actuarial valuation
1 Mar 2019We are often asked questions about what is the “duration of liability” and how it impacts the discount rate use in the actuarial valuation of gratuity and leave encashment. We try to cover a few of these questions in this article. What is duration of liability? Duration of liability can be defined in more than […]
Actuarial valuation of gratuity – sensitivity to assumptions and employee profile
16 Feb 2018What are the factors that will have an impact on the actuarial valuation of gratuity liability? What will be the magnitude of this impact? How was the gratuity liability impacted when the government increased the gratuity limit to ₹20 lakhs? These are questions about the actuarial valuation of gratuity which almost every company’s management team […]
Why don’t we need actuarial valuation of future salary?
11 Jan 2018We often get asked: is actuarial valuation of future salary needed? 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? Though AS 15 and Ind AS 19, both deal with the treatment of all employee benefits (except share based payments), […]
