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sharma_deepak1977
D/sir, pl. clarify the leave encashment calculation as per the the various Industrial Act (i.e. Factory Act, EPF Act......etc.). Regards, Deepak

saravanarajan
6

Hi All,
As per the recent ruling by the Madras bench of Madurai High Court, there cannot be PF on EL encashment as the earnings of earned leave cannot be considered part of basic wages.
Thnx
Saravana Rajan. S

From India, Mumbai
debashisroy
6

Dear All,
If you can deduct the whole salary (Basic + HRA +Convey + CCA..ETC.) for 1 LWP, why take only basic for paying 1 days salary in case of leave encashment. It must be paid on the fixed structured components of the salary.
As per a recent EPFO circular, no PF should be deducted from the leave salary.
Hope rest of my friends in this community agree with me.
Best Wishes & Regards
Debashis

From India, Lucknow
ravit_72@yahoo.com
1

Dear All,
I have querry here, you all are talking about leave encashment should be allowed on Basic + DA, but my opinion is it should be on all the components because if a person availed such leaves during the course of employement so he was paid fully rather than being paid on Basic + DA so the same formula should be adopted while calculating leaves.
Do you agree with me or not.
Ravi Gupta

From India, New Delhi
bhaktinarang_123
148

leave encashment is on Basic + DA, where the calculation is as below Basic + DA / 30 days * no of LE days
From India, Mumbai
Sonam.padhan@gmail.com
Hii , Please confirm if there is no policy in company against the encasement . what would be do this is the legal offence or not .
From India, New%20Delhi
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