Leave Encashment


This query is : Resolved 

(Querist)
20 December 2008 In a pvt. ltd. co. on what basis of leave can be encashed by co. to employee. Is on the basis of Basic Salary or Gross Salary.If total accumulated leave 60 days and Basic sal-5300/-,Hra-2120/-,medical-1250/-,conveyance-1500/-,edu. all-1000/- & spl. allowance-1750/-(Total Gross Salary-12920/).So what will be the calculation and plz also specify the section also.
Plz resolve it as soon as possible.Here I am waiting for the best reply.
plzzzzzzzzzzzzzzzzz replyyyyyyyyyyyyyyyyyy.

Amit Kumar (Querist)
22 December 2008 1

Amit Kumar (Querist)
22 December 2008 1

14 October 2009 If this query is still pending, plz send me a PM.


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