Hi
Since the leave encashment is on a yearly basis, we calculate leave encashment as
(Basic + DA + Personal Pay) x 12 months / 365 days = per day basic salary
If a person has taken continuous leave from Friday to Tuesday you shall consider sundays also leave and caculate for 5 days. In this case saturday / sunday is a holiday and you have to consider leave till friday / saturday as the case may be.
Regards
Bharathi
Since the leave encashment is on a yearly basis, we calculate leave encashment as
(Basic + DA + Personal Pay) x 12 months / 365 days = per day basic salary
If a person has taken continuous leave from Friday to Tuesday you shall consider sundays also leave and caculate for 5 days. In this case saturday / sunday is a holiday and you have to consider leave till friday / saturday as the case may be.
Regards
Bharathi