Section 127 in The Companies (Accounting Standards) Rules, 2006
127. Other long-term employee benefits include, for example:
(a)long-term compensated absences such as long-service or sabbatical leave;(b)jubilee or other long-service benefits;(c)long-term disability benefits;(d)profit-sharing and bonuses payable twelve months or more after the end of the period in which the employees render the related service; and(e)deferred compensation paid twelve months or more after the end of the period in which it is earned.
