In short, its upto organization whether to encash leave or not.
Further, most organization (which have provision of leave encashment) consider P.L. for leave encashment and consider BASIC SALARY as base.
Basic Salary/26 x no of P.L.
Next time when you are looking at comprehensive policies for your organization; leave, attendance, hiring, communication, discipline etc. recommend to visit https://www.buybaa.com/hrs/
i had worked in Retail Shop as a Department manager almost 8 years i left the job in month of Dec 2018
now they are not giving me PL encasement ----
they are seeing that in Maharashtra there no pl encasement policy --pls tell me what to do in this case i have around 140 day PL at the time of exit
pls help me