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DP Nautiyal
4

Hello, I need clarity about the leave encashment payment formula.

We are paying leave encashment payment Basic/26, but our client is asking to pay Basic /30 instead of 26 days.

There is no such rules about leave encashment calculation.
Here we are paying monthly salary the base of particular month ( eg. if person is on leave 2 days without pay in the month of April, then we calculated gross wages /30 *28 days.... it is correct or not?

Please help me with any notifications or guidance.
Regards
Dwarika P Nautiyal

From India, New Delhi
PALANISANJAY
1

Leave Encashment is calculated (Basic+Dearness Allowance)/30

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