Components for Leave encashment

Rafeeque (Querist) 19 November 2009 This query is : Resolved
Greetings of the Day to you All!!

My Query is :- What all components of One's CTC are to taken for encashment of Earned Leave...: (a) While in Service and (b) On Separation.

Industry Practices are mixed... I am looking for directive in line with any legal/Statutory Provision OR any CASE LAW.

Pls share.

Regards

Rafeeque

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Raj Kumar Makkad (Expert) 19 November 2009
Basic, DA, Retaining allowance, Food concession, if any

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