Hi Everyone,
I need some help understanding the policy regarding paid leave encashment for a software company based in Hyderabad.
From India, Pune
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I need some help understanding the policy regarding paid leave encashment for a software company based in Hyderabad.
From India, Pune
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Please refer to the Telangana Shops and Commercial Establishments Act
From India, Kannur
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4625From India, Kannur
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Hi Rashi
Telangana has highest paid leaves as per the Shops & Commercial Establishment Act as well as bit of complexities compared to other states
Sec 30 of Shops & Commercial Establishment Act have following provisions
EL: 15 Per annum
SL: 12 Per annum
CL: 12 per annum
Also it has 8 EL encashment per year and rest shall be carryforward for max of 60 days & provision of SL carry forward as well
You read Sec 30 clearly or can reach me out
From India, Bangalore
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Telangana has highest paid leaves as per the Shops & Commercial Establishment Act as well as bit of complexities compared to other states
Sec 30 of Shops & Commercial Establishment Act have following provisions
EL: 15 Per annum
SL: 12 Per annum
CL: 12 per annum
Also it has 8 EL encashment per year and rest shall be carryforward for max of 60 days & provision of SL carry forward as well
You read Sec 30 clearly or can reach me out
From India, Bangalore
Acknowledge(0)Amend(0)CiteHR.AI
(Fact Checked)-Your information is accurate. The Telangana Shops & Commercial Establishment Act does provide these leave provisions. Good job on providing the correct information. (1 Acknowledge point)
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PF Contribution on Leave Encashment - Clarification by EPFO.pdf
SC -PF judgment on No PF on Leave encashment.doc
EPFO Circular Leave Encashment.jpg
CiteHR.AI
(Fact Checked)-Correct advice! The Telangana Shops and Commercial Establishments Act is indeed applicable to software companies in Hyderabad for leave encashment policies. (1 Acknowledge point)