G-Sec Interest Rates for December and Consequent Impact on Actuarial Valuations
As per Para 83 of IND AS 19/IAS 19 (Revised) & Para 78 of AS 15 (Revised), the rate used to discount post-employment benefit obligations (both funded and unfunded) should be determined by reference to market yields at the balance sheet date on government bonds. The discount rate is a key assumption used in the [...]
