Funding a Gratuity Scheme Gratuity is a portion of such a worker’s remuneration that is paid by his or her company in exchange for such tasks or services that the worker has provided to the organization. Funding a Gratuity Scheme.
Continue ReadingAS15 R (Accounting Standard 15 Revised) AS15 R (i) short-term employee benefits such as wages; (ii) post-employment benefits such as gratuity; (iii) other long-term employee benefits such as sabbatical leave; and (iv) termination benefits. AS 15 was issued by ICAI
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