Articles by Tikaram Chaudhary

Save Tax Up To 32.50% with a Gratuity Fund Trust

Posted by Tikaram Chaudhary 11 November 2025 617 Views

Discover how Indian companies can save up to 32.50% tax by forming a CIT-approved gratuity fund under an irrevocable trust. Learn the benefits today!

How to prepare Employees Data and Inputs for Actuarial Valuations in compliance of IndAS 19 & AS 15R for Employee Benefit Plans

Posted by Tikaram Chaudhary 24 May 2023 3167 Views

This article is prepared to help the company officials (I.E. HR, Accountant, Finance Managers, & Company Secretary) involved in preparation of Actuarial Inputs for Actuarial Valuations in compliance of AS 15 (Revised 2005) & IndAS 19 to understands various technical points while preparing the Inputs.

How CA, CS, Auditors and Directors can identify compliance of Legal and Accounting Provisions of Gratuity?

Posted by Tikaram Chaudhary 21 December 2022 7950 Views

How CA, CS, Auditors and Directors can identify compliance of Legal and Accounting Provisions of Gratuity applicable on Private Schools, Private Colleges, Autonomous Bodies, NGO's, Societies & Indian/Multinational Private Companies?

Applicability of Ind AS 19 on NBFCs, Banks and Insurance Companies

Posted by Tikaram Chaudhary 10 November 2022 3980 Views

This Article is an attempt to describe about requirement of Actuarial Valuations for compliance of Indian Accounting Standard 19 - IndAS 19 by Indian Listed Companies, NBFC's & Banks.

Difference between Statutory provisions & The Social Security Code 2020 to be effective from 1st April 2021

Posted by Tikaram Chaudhary 24 August 2021 2407 Views

This article is an attempt to elaborate the difference between Statutory provisions applicable to Companies under Existing Payment of Gratuity Act 1972 (Amended) & The Social Security Code 2020 effective from 01.04.2021.

Requirement Actuarial Valuation for Accounting of Gratuity Benefits in IndAS 19 & AS 15 ?

Posted by Tikaram Chaudhary 24 December 2020 5147 Views

Why of Actuarial Valuation is required for Accounting of Gratuity Benefits in compliance of IndAS19 & AS 15 (Revised 2005) by Indian Public, Private and Multinational Companies ?

Applicability of Gratuity Act on teachers

Posted by Tikaram Chaudhary 22 August 2020 3989 Views

This article is prepared to create awareness among-st CA's, Accounting/Finance Personnel & Management of Schools about Supreme Court Judgment dated 07.03.2019 about Eligibility of Teachers in Schools for Gratuity Benefits under the 'Payment of Gratuity Act 1972'.

Components of Actuarial Valuation Reports required in compliance for IAS 19

Posted by Tikaram Chaudhary 23 June 2020 5273 Views

This article is an attempt to describe about requirement of Actuarial Valuations for compliance of International Accounting Standard 19 - IAS 19 by Indian MNC&#...

History of Amendments to Payment of Gratuity Act

Posted by Tikaram Chaudhary 14 March 2020 18186 Views

When an employee leaves the service, employer rewards him for his accrued service in the organization. He does so by giving you a free lump sum of cash - called gratuity in financial parlance - on your exit. The amount that an employer gives is based on the number of years of service employee have put into the organization.