Expenditure on post-retirement benefits like provident fund, gratuity, etc. are covered by specific provisions. There are other post-retirement benefits offered by companies like medical benefits. Such benefits are covered by AS-15 for which no parallel ICDS has been notified. Whether provision for these liabilities are excluded from scope of ICDS X.

Clarification: Employee benefits under AS-15, like medical benefits, are not covered by ICDS X provisions.

Expenditure on post-retirement benefits such as provident fund and gratuity is governed by specific provisions, while other benefits like medical benefits fall under AS-15, with no corresponding ICDS notification. The question arises whether provisions for these liabilities are excluded from ICDS X, which covers provisions, contingent liabilities, and contingent assets. It is clarified that provisioning for employee benefits covered by AS-15 remains governed by specific provisions of the Act and is not addressed by ICDS X.