madan lal pandia
(Expert) 02 March 2009
LEAVE ENCASHMENT IS PAYABLE ON BASIC SALARY WITH NO PF DEDUCTION M.L.PANDIA
H. S. Thukral
(Expert) 02 March 2009
There is no law on leave encashment An organisation can have its own rules regarding leave encashment. However at the time of superannuation an employee is entitiled toget payment for unavailed leave equivalent to wages for the period of leave had he worked during that period.
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