It’s EL only....which we can encash:- EL Encashment cal. = Basic+DA/26*No. of EL to be Encash.......
From India, New Delhi
1From India, New Delhi
Hi. Earned leave is calculated on gross salary.But some company usually calculate on basic salary.The formula is as follows Basic+DA/30*15*No of earned leave avail. Regards Bhargavi
From United Kingdom
From United Kingdom
Dear All,
I wanted to know wheither is there any law or Rule regarding compulsary leave encashment.
As at present i am working in service sector which is register under MSMED act 2006, as per our company rule there is no leave encashment
so, i wanted to know that wheither is there any rule for this same
thanks & regards
nandan
From India, Vadodara
I wanted to know wheither is there any law or Rule regarding compulsary leave encashment.
As at present i am working in service sector which is register under MSMED act 2006, as per our company rule there is no leave encashment
so, i wanted to know that wheither is there any rule for this same
thanks & regards
nandan
From India, Vadodara
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf
EPFO Circular Leave Encashment.jpg