Leave Encashment

Aruna (Article) (27 Points)

04 September 2009  

A company has provided provision for leave encashment 14,000/- only where as an employee resigned and payment to him on a/c of leave encashment was 19,500/-. It is calculated for 90days  * per day salary.I have two queries

  1. What is the maximum number of days for which an employee can encash his earned leave
  2. Hoe to treat this less provision