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Base Oil
Excess Oil Remover
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Menu
HOME
ABOUT US
YARNS
Polyester Oriented Yarn
Fully Drawn Yarn / Highly Oriented Yarn
Bi Shrinkage Yarn
Draw Twisted Filament Yarn
Draw Texturized Yarn / Air Covered Yarn
Air Textured Yarn
Mono Filament Yarn
Nylon Yarns
OILS
Yarn Sizing Oil / Wax Oil
Warping Oil
Silicone Defoaming Agent
Textile Coning Oil
Circular Knitting Machine Oil
Light Liquid Paraffin (White Oil)
Mother Yarn Grease
Textile Anti Static Agent
Yarn Softener
Pp Spin Finish Oil
Base Oil
Excess Oil Remover
Phatka / Shuttle Loom Oil
Anti-Static Coning Oil
Spindle Oil
FABRICS
CONTACT US
Leave Actuarial Valuation
Maharashtra, Karnataka, Delhi shop act – limit 45 days Factories Act 1948, Rajasthan shop act – limit 30 days Gujarat shop act– limit 63 days (encashment in all above)
Regulation
Respective State’s Shop Establishment Act
Factories Act
Carry forward of Leave upto specific limit?
Encashment on separation?
Accounting
Accrual Principle
AS 15 Employee Benefits
Mandatory for All
Actuarial Valuation PUC method (Para 49,65)
Provision if carry forward of leave allowed
Taxation
Allowed on Payment basis
Contribution to Group Leave policy, No tax benefit
Audit
SA 620 refers to using work of Actuaries
All AS 15 implementation maximum deficiency as per FRRB
