I've currently submitted my resignation from an IT company in Mumbai. The problem I'm facing is with the co-founders. They are not providing me with the 3 paid leaves that are still unused. I was expecting an encashment for the same, but I feel that I might not receive it. Additionally, I was due for an increment. After serving a 45-day notice, I'm unsure whether I should receive my incremented salary or not.
Questions Regarding Leave Encashment and Salary Increment
So, basically, I have two questions:
1. Should I receive leave encashment for my 3 unused leaves?
2. Should I receive my incremented salary from the date of increment, even though I have decided to resign?
Awaiting a reply from all experienced professionals. If any legal sections are available for these queries, please share them with me.
Thanks,
From India, Mumbai
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3Questions Regarding Leave Encashment and Salary Increment
So, basically, I have two questions:
1. Should I receive leave encashment for my 3 unused leaves?
2. Should I receive my incremented salary from the date of increment, even though I have decided to resign?
Awaiting a reply from all experienced professionals. If any legal sections are available for these queries, please share them with me.
Thanks,
From India, Mumbai
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Taxability of leave encashment on resignation.doc
Leave Encashment & Salary Calculation.xls x