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Calculation of leave salary

Bhavesh (Accounts) (899 Points)

29 December 2011

How Leave Salary is Calculated where the Provision for a Leave during the year in a Company is for a 21 Days. For eg.: A person Basic Salary is Rs.8000/- p.m. from April to Nov. 11 and during the period taken the leave for a 5 Days where the Salary has been decuted for the same. How leave Salary is Calculated on above case. (Note A person is given a resignation for the same and No salary is paid for the Month of Dec.11) Pls. reply.

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6 Replies

Murthy B.C (Excise Officer) (141 Points)
Replied 30 December 2011

Hello

You Can calculate on last salary taken /30 day X No of day Leaves available

VENUGOPALAKRISHNAN P K (ACCOUNTS OFFICER) (33 Points)
Replied 30 December 2011

Dear Mr Bhavesh

If you mean payment of leave salary it will be paid on (BASIC + DA )/30 * No of Days leave available.

But Leave without pay is equal to absent and hence the full salary is deducted on prorata basis(i.e Gross salary for the month).

Regards

VENUGOPAL

Rama chary Rachakonda (Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294) (3293 Points)
Replied 31 December 2011

Yes both answeers of Mr.Murthy and Mr.Venugopalan are correct

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YASVANT (FINANCE DEPT.) (40 Points)
Replied 08 October 2012

Dear Sir,

my office marketing executive salary for Rs. 15000/- p.m. plus petrol conveyance Rs. 4000/- p.m pls give me the 1day lass of pay salary details

Ritik Chopra (student) (8123 Points)
Replied 01 April 2021

petrol conveyance will not be taken into account while calculating leave salary. It is allocated on the basis of Basic salary + DA

Divya jain (31 Points)
Replied 19 January 2023

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