Accumulated leaves can be encashed at the time of working or leaving the company based on the company’s policy. The formula used for the calculation of Encashable Leaves is : Encashable Amount = Monthly Gross / 22* Encashable Leave. Leave Encashment during service is fully taxable in all...
PF contribution- encashment of leave not to be includedkripaPrint this
when one person worked in sugar factory and resigned after 5 years then leave balance is 60 he is eligible for leave encashment company not processed to give his payment then what is process to received the leave amount - Labour & Service Law