LEAVE ENCASHMENT

Querist : Anonymous (Querist) 14 August 2010 This query is : Resolved
HAI frnds,

can anybody suggest me about the payment of leave encashment on which salary during employee settlement ? whether it is on gross pm or basic & da. what law says? any supporting legal orders on this issue? because as i have verified few companies will pay on gross salary and few on basic @ da as mentioned in the company hr policy. but legaly which one is correct? to experts desk

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