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Member Strength and growing. Calculation of earned leave encashment This query is: Anonymous Querist 14 October In my previous company for Gratuity Calculation 26 days considered.

If it is shown in Factories Act Plz provide me link, so that i can refer.

If it is shown in Any other relevant ACT plz provide me link or copy of the ACt for reference. Thanking you, Read more at: Annual leave with wages 1 Every worker who has worked for a period of days or more in a factory during a calendar year shall be allowed during the subsequent calendar year, leave with wages earned leave encashment as per factories act a number of days calculated at the rate of: VaibhavJ Expert Follow 14 October Anonymous Querist 15 October No where mentioned How many days to be taken in to consideration for EL calculation.

If EL is about 15 days for left Staffs from the company, where for Gratuity calculation 26 days taken in to how much money do vets make in ga And basic salary is 10K, EL encashment calculation: Your calculation of is the correct one which is the practice followed in all the companies.

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VaibhavJ Expert Follow earned leave encashment as per factories act October Vishnu Saboo Expert Follow 22 October Income tax Taxation point Accounting software with gst Vat on fixed assets Half yearly Service Tax Return process of calculation of excise duty in closing stocks Remuneration to partner maximize savings on income tax Date for voluntary registration under gst Music academy.

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Section 79 in The Factories Act,

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