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  • Leave Encashment Form

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LEAVE ENCASHMENT FORM Employee Details Name: Employee Id. No. Wing/Dept./Div. Designation: Grade: Place: Encashment details Date of Encashment: Earned Leave Balance: Verification (To be done by the.

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How to fill out the Leave Encashment Form online

Filling out the Leave Encashment Form online can streamline your request for encashed leave. This guide provides clear, step-by-step instructions to help you complete the form accurately and efficiently.

Follow the steps to fill out the Leave Encashment Form online.

  1. Click ‘Get Form’ button to obtain the form and open it in your digital document editor.
  2. In the Employee Details section, fill in your personal information including your name, Employee ID number, and your wing, department, or division.
  3. Enter your designation and grade in the respective fields, followed by the place where you work.
  4. For the Encashment Details, provide the date of encashment, your total earned leave balance, and ensure this information is accurate.
  5. Next, the form requires verification details. Fill in the name, designation, and office of the official who monitors your leave account.
  6. Record your leave balance after encashment and include your signature along with the date to indicate your agreement.
  7. In the Approval section, enter the name, designation, and office of the approving authority followed by their signature and date.
  8. Once all fields are filled out, save your changes, then download, print, or share the form as needed.

Complete your Leave Encashment Form online today to ensure a smooth process.

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Leave encashment refers to an amount of money received in exchange for a period of leave not availed by an employee. Encashment of accumulated leave can be availed by an employee at the time of retirement, during the continuation of service or at the time of leaving the job.

Earned Leave = [(Basic Salary + DA) / 30] x No of days. Hal Pay Leave = [(Half Pay Leave Salary + DA) / 30] x No of days.

Leave encashment refers to an amount of money received in exchange for a period of leave not availed by an employee. Encashment of accumulated leave can be availed by an employee at the time of retirement, during the continuation of service or at the time of leaving the job.

No. Of earned leaves Suresh was eligible for = 35 X 20 = 700 days. He has taken 340 leaves during the service period. Leaves eligible for leave encashment = 700 340 = 360 days. Average last 10 months basic + dearness allowance = Rs 21,000.

The leave encashment for private sector employees is stated in Section 10 (10AA) and is minimum of the following 4 factors: Amount received as leave encashment. Maximum cap as stated by government Rs 3 Lakhs. Last 10 months average basic salary & dearness allowance before leaving the job.

Respected Sir, It is stated that I am (Name), working in (Institute name), since last three years. It is to inform you that at the end of every year as per the policy of the institute, leave encashment is provided to the employees. I want to get my leave encashment of this year in the next week.

a. Earned leave standing to the credit of an employee may be encashed at his option only once in a calendar year provided that the quantum of leave to be encashed in each case is not more than 50% of the Earned Leave at credit or 30 days earned leave whichever is less.

No. Of earned leaves Rita was eligible for = 45 X 25 = 1,125 days. She used 585 leaves over her service period. Leaves eligible for leave encashment = 1125 585 = 540 days (18 months) Average last 10 months basic + dearness allowance = Rs 25,000.

Encashment upto 50% of the earned leave at credit or 30 days whichever is less is allowed on availing 7 days regular leave. Regular leave covers the earned leave, half pay leave, commuted leave or extra-ordinary leave. It does not include the study leave.

Formula: (Monthly Gross rate of pay** x 12 months) / (52 weeks x 7 days) x number of leave days left to encash.

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