https://www.taxtmi.com/acts?id=14687 This Standard requires an enterprise to recognise a liability when employees render service that creates future benefit obligations and to recognise an expense when those economic benefits are consumed. It covers short term benefits, defined contribution plans (recognise contributions as expense and liability for unpaid amounts), and defined benefit plans which must be measured using the Projected Unit Credit Method with actuarial assumptions, discounting by reference to government bond yields, and immediate recognition of actuarial gains and losses. en-us Sat, 04 Jun 2011 13:11:18 +0530 Mon, 18 Apr 2016 23:33:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=14687 This Standard requires an enterprise to recognise a liability when employees render service that creates future benefit obligations and to recognise an expense when those economic benefits are consumed. It covers short term benefits, defined contribution plans (recognise contributions as expense and liability for unpaid amounts), and defined benefit plans which must be measured using the Projected Unit Credit Method with actuarial assumptions, discounting by reference to government bond yields, and immediate recognition of actuarial gains and losses. Act-Rules Companies Law Sat, 04 Jun 2011 13:11:18 +0530 https://www.taxtmi.com/acts?id=14687