https://www.taxtmi.com/acts?id=31301 Regulation 29 defines ordinary leave accrual, crediting half-yearly to an ordinary leave account with a maximum accumulation and proportionate credit for shorter service; no accrual during continuous absence beyond six months. It requires advance application and a minimum continuous leave duration in certain cases. The regulation permits periodic encashment subject to minimum remaining balance, provides cash payment for unavailed leave on death or certified permanent incapacity, allows partial encashment on resignation subject to a cap, and gives a retirement option to avail leave or receive a lump sum for a capped period. en-us Wed, 03 Jan 2018 10:50:30 +0530 Wed, 03 Jan 2018 10:50:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=31301 Regulation 29 defines ordinary leave accrual, crediting half-yearly to an ordinary leave account with a maximum accumulation and proportionate credit for shorter service; no accrual during continuous absence beyond six months. It requires advance application and a minimum continuous leave duration in certain cases. The regulation permits periodic encashment subject to minimum remaining balance, provides cash payment for unavailed leave on death or certified permanent incapacity, allows partial encashment on resignation subject to a cap, and gives a retirement option to avail leave or receive a lump sum for a capped period. Act-Rules IBC Wed, 03 Jan 2018 10:50:30 +0530 https://www.taxtmi.com/acts?id=31301