Why is Privileged Leave Balance is divided by 2, while giving leave encashment
13th February 2019 From India, undefined
Hi LBJD,
Generally PL/EL leave encashment is allowed 50% of what is in the credit of one's leave a/c. That's why - leave balance/2 to arrive at 50%. However you have to examine this w.r.t. your co's leave policy to have a clear picture.
14th February 2019 From India, Bangalore
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