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Since March of 2021, India has witnessed a severe second Wave of Covid 19 pandemic leading to a significant loss of lives. Over the last few months, several organisations have announced generous supplementary benefits to families of deceased employees on a self-funded basis. Vishal Grover explores some of the aspects of the Death-in-service Employee Benefits that have drawn attention in recent months. - Type of Death-in-Service Employee Benefits announced by organisations. - Accounting Implications of the Benefits announced by organisations including Accounting Standards Guidance. - Methodology and Assumptions for valuations, and - Actions for Employers

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