Menu
Leave encashment
Leave encashment or carry forward of leave which is the better option for compnay and why?
Replies (4)
Leave encashment is the better options in case of employees who seems to be with the company in the near future also. The reason is that leave encashment is to be paid on latest basic salary and carry forward of leave will either be adjusted against leave taken or encashment in future. In case of adj.of leave taken the salary will be on gross salary and encashment in future will be the latest basic and that time the basic may rise due to increment.
Yes right
Yes right
true
Recent Topics :
- How to find a good CA
- Rcm on rent paid
- Clarify on GST Application
- Residential status for overseas students visitin
- Capital Gains Tax
- LTCG 112A and business loss
- FAST-DS 2026 applicability: foreign employee share
- NRI Property Sale in India: TDS Rates and Key Comp
- Clarification on September 2026 PF Calculation for
- DRC-03 interest paid under CGST/SGST instead of IG
Related Topics :
CAclubindia
