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Q.

What is leave encashment formula?

Tags: sports, science, leave encashment
Asked by PSA, 21 Aug '12 03:54 pm
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Answers (4)

1.

Waise it is Different in Different Offices. But in my Case The Formula is :-
(((Basic Pay+DA)/31)*No. of Leave to Be Encashed).
Answered by Mahesh Sharma, 21 Aug '12 04:01 pm

 
  
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2.

26 divided by basic X No of leaves !
Answered by Nauty, 21 Aug '12 03:55 pm

 
  
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3.

Difficult , it is very like no of days / actual leave given * 365 days and then last 10 months average salary / 10 is to be multiplied to the answer i guess
Answered by starkid, 21 Aug '12 04:21 pm

 
  
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4.

I think it is
Basic + dearness allowance + HRA + Transport allowance * the nos of pending leaves
Answered by Diya, 21 Aug '12 03:56 pm

 
  
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