Calculation of leave salary

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.

Replies (8)

Hello

 

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

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

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

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

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

We provide the best Financial Accounting Calculator Online to calculate loan rate, GST, TDS and more super easy. choose from list of Accounting Calculator.

My friend salary was 19000 including esi and pf 

Hello taken 5 days leave . How to calculate the leave amount 

My friend salary was 19000 .  esi and pf are included in this amount . Hello taken 5 days leave .what is the per day salary of that person.n how to calculate that 

 

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