Gianim23
95

Hi :
Please advice as per Bombay Shop Act is the Notice period buyout to be calculated on Basic or Gross.
In our organisation, we process Leave encashment or settle notice period for involuntary separation on gross hence I assume the same norm can be applied for buyout. Anyhow I am keen what is the defined legal norms to be followed by an organisation.
- Gia

From India, Pune
pon1965
604

Normally, notice period on basic. Any how, check the appointment letter conditions. Pon
From India, Lucknow
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