Dear Ganesh Sir,
Appreciate your clear communication on Leave encashment, I have one query regarding calculation of Leave encashment as per Factory Act.
Gross wage component having Basic, HRA, Special Allow.
While calculation of Leave encashment, we have to consider Gross or Basic ( basic is as per Minimum wage of state)
If you or any expert guide me for above query, Reply/ suggestion will be based as per Factory Act only.
Regards