Leave Encashment In 12 Instalment ?????

ceo_sanju
Dear All,
1. Can we pay the leave encashment amount in 12 equal installment.
2. Can we put any restriction in accumulation of EL, can the limit be maximum of 15 EL.
3. Is there any govt. order regarding accumulation of leave and encashment in installments.
Regards
Sanjay
R.N.Khola
Dear sanjay,
First examine which of the Act is applicable to your establishment regarding grant of earned leaves & then go through the relevant provisions relating to your query.
With Regards,
R.N.Khola



ceo_sanju
Dear Khola,
I am not sure regarding Act, can u let me know the different Act prevailing and their details.
Regards
Sanjay
ceo_sanju
Dear All,
We are incorporated under Companies Act, 1956 of India.
Kindly reply with the above mentioned issues or doubts.
Regards
Sanjay
R.N.Khola
Dear Sanjay,
According to my knowledge following are the list of some of the Acts which have earned leaves provisions:
1. The Factories Act, 1948 2. State Shops & Establishment Act 3. The Plantation Act, 1951 4. The Mines Act, 1952
now see which of the act is applicable to your unit & go the EL provisions.
With Regards,
R.N.Khola



MK1271955
As per the government the encashment of leave is to the maximum of 240 days i.e.of 8 months of gross pay and it should be paid in one lumpsum.kindly check please.
Dr.Murali Krishna
MK1271955
MK1271955
As per the government the encashment of leave is to the maximum of 240 days i.e.of 8 months of gross pay and it should be paid in one lumpsum.kindly check please.
Dr.Murali Krishna
MK1271955
R.N.Khola
Dear Dr.Murali Krishna,
He is not asking about leave encashment in Govt. In Govt. also these are governed by the Central & State Civil Service Rules. In Haryana State Civil Service Rules this limit is now 300 days. Thus this may differ from State to State.
With Regards,
R.N.Khola



vadlamani SR
Dear Mr.Sanjay
Firstly your question is not clear
1. The place of industry/factory
2. Whether it can be coverd under factories act / shops and establishment act of that
particular state
3. Regarding accumulation limit depends on your company leave rules or follow factories act.
1. Can we pay the leave encashment amount in 12 equal installment.
Ans. Leave encashment will not be payable in installments
2. Can we put any restriction in accumulation of EL, can the limit be maximum of 15 EL.
Ans. Follow factories act limit or your company leave rules
3. Is there any govt. order regarding accumulation of leave and encashment in installments
Ans.Regarding accumulation of leave it depends on company leave policy and coming to encashment installments it depends on your agreement with your union if not this is the first time you can make a leave encashment policy and put a condition as desired
Tks & Regards
raam
dear all
i too have an doubt in connection with this, if we pay monthly leave wages for whom all the leave has not been taken for the month,how far it will be considered before law, any implications in practising this,any case studies,preceedings for reference
kindly revert
regards
ram
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