Hi, I would like to know leave encashment calculation under Gujarat shops and establishment act as my previous employer is calculating it dividing the amount by 360 and not 240.
Is it in line with laws and act?
I can see that as per the act it is provided as 21 days for 240 days duration.
From India, Ahmedabad
Is it in line with laws and act?
I can see that as per the act it is provided as 21 days for 240 days duration.
From India, Ahmedabad
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LEAVE ENCASHMENT NOT INCLUDED IN WAGES FOR P. F. CALCULATION.pdf
Leave Encashment & Salary Calculation.xls x