I am the HR associate in company. I want how to calculate Leave Encashment Under Factories Act in Maharashtra State Govt.
From India, Mumbai
From India, Mumbai
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From India, Pune
467From India, Pune
Ideally the leave encashment has to be calculated on all wage heads except those linked with attendance e..g. canteen subsidy etc. where the allowance is being calculated on days attended on pro rata basis.The Factories Act does not provide for Encashment. The provisons related to encashments are governed by standing orders or agreement with unions/works committee.
Regards
Shailesh Parikh
Vadodara, Gujarat
99 98 97 10 65
From India, Mumbai
Regards
Shailesh Parikh
Vadodara, Gujarat
99 98 97 10 65
From India, Mumbai
dear frnd,
leave encashment = basic / 30 x no. of leaves.
Maharashtra factories act says dat, 1 day leave for 20 present day but it does not mentioned how to calculate the leave encashment.
rgds,
Vijay r c
From India, Bangalore
leave encashment = basic / 30 x no. of leaves.
Maharashtra factories act says dat, 1 day leave for 20 present day but it does not mentioned how to calculate the leave encashment.
rgds,
Vijay r c
From India, Bangalore
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf
SC -PF judgment on No PF on Leave encashment.doc
EPFO Circular Leave Encashment.jpg