V.P.Raguram
Service
Can any one confirm the No. of days of Privilege Leave / Earned Leave required to be provided by the employer to their employees, in the state of UP, under the UP Shops & Establishment act pl.
From India , Bangalore
Dear Raguram
You may consult our website - numerica.in for such valuations
Actuarial valuations of different kinds of leave encashment schemes is a relatively new concept as those valuations were treated differently in old AS15. Its important that the company takes advice for possible valuation approaches from the actuary and then take consent of their auditors.
Thanks

From India , Bangalore
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