Dear Anushree,
If you are talking about your SL, basically these are on pro- rata basis. SL are subjected to be carry forward if not taken. Leave are not on financial year (Mar- Apr) basis they are on calendar year basis and you will get your new leaves in Jan\'2013. Only CL are to be exhausted in same year as they are not carry forwarded. EL/PL- on 20day working you are entitled for 1EL/PL and eligibility is after 280 days.
Formula: Suppose in you co. there is 15 SL,if you had joined in Apr on or before 15th than it is: 15/12*9=11.25 it mean 11 SL.
You will count from Apr to Dec i.e 9 month (including Apr)and after 15th you will not count Apr than there will be 8 months: 15/12*8= 10 SL.
Regards,
Vineet
If you are talking about your SL, basically these are on pro- rata basis. SL are subjected to be carry forward if not taken. Leave are not on financial year (Mar- Apr) basis they are on calendar year basis and you will get your new leaves in Jan\'2013. Only CL are to be exhausted in same year as they are not carry forwarded. EL/PL- on 20day working you are entitled for 1EL/PL and eligibility is after 280 days.
Formula: Suppose in you co. there is 15 SL,if you had joined in Apr on or before 15th than it is: 15/12*9=11.25 it mean 11 SL.
You will count from Apr to Dec i.e 9 month (including Apr)and after 15th you will not count Apr than there will be 8 months: 15/12*8= 10 SL.
Regards,
Vineet