Dear All,
Regarding Nidhi Ji Joseph's query, I would say that much depends upon the leave policy of the employer firm. Generally, leave should be computed for a calendar year. Casual leave should be allowed during the calendar year only. Un-availed casual leave should lapse on 31st December. PL and SL may be allowed to be carried forward for the next few years so that the employee does not avail of leave when he/she does not require it the most and should have sufficient PL/SL to his/her credit whenever a situation for leave arises - sudden sickness of self or members of the family, marriage, other exigencies, etc. The government and the public sector allow the accumulation of 300 days of earned leave. For sick leave, there is no limit. It can be accumulated to any number. It does not lapse. Public sectors may frame their own convenient rules keeping in mind the welfare of the working class and their urgency in hours of need. I have heard about a firm that does not permit carrying forward of PL/SL after one year. The employees are compulsorily granted leave encashment after completion of one year at a very low rate. This does not appear fair to me. Encashment may be allowed optionally. Otherwise, the employee should be allowed to carry forward his balance PL/SL for the future, with some limitations. Nidhi Ji, frame your rules, and then we would suggest you the computation formula. With regards,