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Legal Compliance has become one of the most integral aspects of any business. Strict vigilance and growing conscious among the corporates has encouraged the compliance service industry. 
As per Accounting Standard 15 (revised) issued by Institute of Chartered Accountants of India the following set of companies fall under its purview:

• All listed companies (including under process of listing)
• Banks including Co- operative banks
• Financial institutions
• Insurance companies
• Companies with turnover of Rs.50 Crores or more (Excluding “other income”)
• Companies with borrowings including public deposits of more than 10 Crores.

Serving an impressive list of more than 500 clients on a regular basis since the last 7 years we are on the most preferred service providers for all kinds of actuarial valuations.
Our actuaries have extensive experience in the field and constantly evolve themselves with the changing times.
Generally, a time bound job, we as a team understand the importance of fast turnaround time, especially in the times of pressure and thus ensure fast and efficient service.   
We offer various actuarial reports as per statutory requirements of Accounting Standard 15 and Accounting Standard 15 (revised) issued by Institute of Chartered Accountants of India.
Applicable to most of the companies, a few reports that we prepare are:

• Actuarial valuation of Gratuity Liability
• Actuarial valuation of Leave encashment Liability
• Actuarial valuation of earned leave/ leave benefits
• Actuarial valuation of sick leave benefits
• Actuarial valuation of Pension
• Actuarial valuation of Interest rate guarantee for provident fund
• Actuarial valuation of LTC
• Actuarial valuation of Long term service awards
• And other defined benefits plan

A few pointers for better services:
Sample Excel:

• Worksheet should not contain hidden row, hidden column, formula, blank cell, blank row/ column etc.
• If you are getting the valuation done for the first time then kindly send the same information in different worksheet as on closing date (31st March, 20**) of previous financial year to get the values at the time of beginning of current valuation period. This is mandatory for revised AS15. Charges will be extra to carry out valuation for beginning of period.

Alternatively, if available then the previous year Actuarial Report would solve the purpose.

• Date should be in Excel date format – dd/mm/yyyy. In date format comma, dot & dash should not be used
• Name should be in one cell and NOT separated in different cells as first name, middle name and last name.
• Do not provide information like Designation of employee, HRA, Bonus, Conveyance, DA etc. Create single column of monthly salary amount on which calculation to be carried out.
• Salary figure should be in number format up to 2 decimals and should not consist of text (Rs) or other characters (/-).
• Provide different excel work sheet if different certificate is to be issued for different category/ division/ group/ company & period. Valuation charges will depend upon number of certificates/ valuation done.

For any further details please connect with       : Mr.S.K Jhawar     +91 9830022190
Mr. Sorav Jhawar +91 9830026160
Email id       : mdpldc@yahoo.com