Method for encashment of annual leaves

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....ethod for encashment of annual leaves<br> Query (Issue) Started By: - S.C. WADHWA Dated:- 20-9-2013 Last Reply Date:- 23-9-2013 Corporate Laws / SEBI / LLP<br>Got 1 Reply<br>Companies Law<br>Dear expe....

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....rt, Please advise us the right method of encashment of accommulated leaves to be paid to an out going employee. On which salary leaves are to be paid. Please also quote if there is any case law regar....

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....ding encashment of leaves. Regards, WADHWA Reply By SHIVKUMAR SHARMA: The Reply: Dear Mr.Wadhwa Leave encashment can be Calculated as under: BASIC SALARY + DA x 12(NUMBER OF MONTH OF IN THE YEAR....

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....) x NUMBER OF DAYS OF LEAVE TO BE ENCASH --------------------------------------------------------------------- 365( NUMBER OF DAYS OF THE YEAR)<br> Discussion Forum - Knowledge Sharing ....