Paid Leave Encashment: Gross or Basic Salary?
Should paid leave encashment be done based on gross or basic salary for existing employees?
Calculating Paid Leave for Resigned Employees
If an employee resigns and has accumulated paid leave, when calculating the total paid leave, should weekends be included or only weekdays? For example, if an existing employee has 5 paid leaves in their account that need to be encashed at the time of full and final settlement, should we count them as 5 or 7?
From India, Gurgaon
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Should paid leave encashment be done based on gross or basic salary for existing employees?
Calculating Paid Leave for Resigned Employees
If an employee resigns and has accumulated paid leave, when calculating the total paid leave, should weekends be included or only weekdays? For example, if an existing employee has 5 paid leaves in their account that need to be encashed at the time of full and final settlement, should we count them as 5 or 7?
From India, Gurgaon
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You may find answers to your query from the below-mentioned links of CiteHR:
- [Leave Encashment - Compulsory or Not in Joining Letter](https://www.citehr.com/458559-leave-encashment-compulsory-not-joining-letter.html#post2050399)
- [Leave Encashment](https://www.citehr.com/457371-leave-encashment.html#post2046878)
Regards,
Shailesh Parikh
Vadodara, Gujarat
Mobile: [Phone Number Removed For Privacy Reasons]
From India, Mumbai
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305- [Leave Encashment - Compulsory or Not in Joining Letter](https://www.citehr.com/458559-leave-encashment-compulsory-not-joining-letter.html#post2050399)
- [Leave Encashment](https://www.citehr.com/457371-leave-encashment.html#post2046878)
Regards,
Shailesh Parikh
Vadodara, Gujarat
Mobile: [Phone Number Removed For Privacy Reasons]
From India, Mumbai
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LEAVE ENCASHMENT NOT INCLUDED IN WAGES FOR P. F. CALCULATION.pdf
Taxability of leave encashment on resignation.doc