Dear Seniors, Good Afternoon ! Please be advised that the amount of leave encashment is taxable/exempt from tax on termination case
From India, Chennai
23From India, Chennai
Dear Colleague,
Leave encashment is taxable on resignation for a non-government employee based on calculation as per section 10(10AA).
For a government employee, leave encashment received after retirement or resignation is exempt from tax.
From India, Chennai
Leave encashment is taxable on resignation for a non-government employee based on calculation as per section 10(10AA).
For a government employee, leave encashment received after retirement or resignation is exempt from tax.
From India, Chennai
PF Contribution on Leave Encashment - Clarification by EPFO.pdf
EPFO Circular Leave Encashment.jpg