Ladwani Punita
Hi All, Can anybody enhance my knowledge? I just want to know that deduction for the unpaid leave is done on what: 1. Basic Salary 2. Basic + DA 3. Gross Salary Regards' Punita
From India, Pune
somabiswas2005
3

Dear Punita, The unpaid leave is deducted from gross salary only. I hope, your doubt is clear now. Cheerrrrr Soma :D
From India, Mumbai
Ladwani Punita
Thanks Soma for clearing my doubt. One more thing I would like to know is about calculation of the PL encashment. That will on Basic or gross or.... :lol:
From India, Pune
achuthananda
7

Dear Punitha,
To my knowlege, the calculation for unpaid leave (EL Encashment) is as follows :
Basic + D.A * No. of unpaid leave / 30 Days
For Example, If employee Basic salary is Rs. 3000/- D.A is Rs. 2000. Unpaid leave is 20 days. The calculation is mentioned below :
Rs. 3000 + Rs. 2000 * 20 days of leave / 30 days = Rs. 3333.33/-
The encashment amount is Rs. 3333.33 /- .
The leave encashment amount is subject to P.F. deduction as per recent notification.
Regards
S. Achuthananda

From India, Pune
jayarajan
1

Hi, depends the co. policy, some cos. encash leaves on gross salary also. General norm is basic + da Regards Jayaraj

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