I want to understand what is the norm among small-scale companies about leave encashment once an employee resigns. Our company is based out of Mumbai. Thank you.
From India, Mumbai
1From India, Mumbai
PROFESSIONALS AND BUSINESSES PARTICIPATING IN DISCUSSION
Dear Roshini,
Any Company or an organization of any other form, irrespective of its size, is bound to pay the cash value of the EL at the credit of the employee on the date of termination of his employment by resignation or otherwise as per the relevant leave provisions of the establishment-specific labor law applicable to it.
From India, Salem
Any Company or an organization of any other form, irrespective of its size, is bound to pay the cash value of the EL at the credit of the employee on the date of termination of his employment by resignation or otherwise as per the relevant leave provisions of the establishment-specific labor law applicable to it.
From India, Salem
PF Contribution on Leave Encashment - Clarification by EPFO.pdf
SC -PF judgment on No PF on Leave encashment.doc
EPFO Circular Leave Encashment.jpg