Leave salary encashment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 October 2016
Please clarify how many maximum no of days leave salary can encash at the time of Resignation/Termination
Is every company can set there policy that maximum specific no of days can pay leave salary
i.e. Suppose i have balance 240 days of leave at the time of Termination but company saying that we can pay only 180 days as per company policy.
Please clear me
Is every company can set there policy that maximum specific no of days can pay leave salary
i.e. Suppose i have balance 240 days of leave at the time of Termination but company saying that we can pay only 180 days as per company policy.
Please clear me
CA R SEETHARAMAN
(Expert)
18 October 2016
Yes each company can set their own policy for payment of maximum leave salary.
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