Encashment of earned leave under factories act

Numbers of leaves entitlement in a company depends upon state you are in. Every state has different leave entitlement and leave policies which should be seen before one defines leave policy of your company. Generally all State Legislations has common provision for major matters.

They provide at least seven holidays for national and other festivals. Employer and Employees had given right to decide remaining national and festival holidays.

wunesajoc.web.fc2.com - India, Paid Leave, Sick Leave, Earned Leave, Maternity Leave in India

These are the leaves which are earned in the previous year and enjoyed in the preceding years. These are encashable on basic salary to the employee. These leave are granted for certain unforeseen situation or were you are require to go for one or two days leaves.

REVERSE CHARGE MECHANISM UNDER SERVICE TAX -SUMMARY | SIMPLE TAX INDIA

In case of casual leave normally company's strict maximum to 3 days in a month. In these case either the person has to take the permission in advance or has to be regulated on joining. If person do have any leave to his balance and the situation warrants him to take the leave, the leave is granted by the Company as loss of pay or which may be adjusted against the future leave or as a special case the special paid leave based on the person contribution to the Company at management discretion.

These leave are granted if the person come on work during the holidays, normally compensated as leave to be taken or as an encashable option. Shops and Establishments Act provides for provisions of leave for the employees. The said Act is framed by each State on its own and therefore would be different in its provisions.

Therefore, a table has been designed to collate provisions of leave as applicable to each State separately. Wages for 6 weeks preceding delivery and 6 weeks after delivery of the period of leave. Maximum of 45 days. If employee has 45 days of leave to his credit and is refused leave then such period of refused leave is to be encashed.

All holidays falling at the end of middle of the leave period shall not be computed. Suffixed or prefixed holidays to the leave period shall not be accounted as leave. Holidays or Sundays falling between the period of leave shall be treated as leave.

Suffixed or prefixed holidays and Sundays to the leave period shall not be accounted as leave. On working days in a year.

All holidays and Sundays falling at the end or in between the period of leave shall not be counted as leave. No annexing of casual leave allowed with privileged leave.

Every woman who has put in continuous employment of 6 months or more shall be entitled for 6 weeks of leave preceding delivery and 6 weeks after delivery. Holidays or Sundays suffixed or prefixed or falling in between the period of leave shall not be treated as leave. Every woman who has put in continuous employment of 6 months or more shall be entitled for 6 weeks of leave preceding delivery and 6 weeks after delivery as per Maternity Benefit Act.

If employee has 45 days of leave to his credit and is refused leave then such period of refused leave is to be paid. Under Factory Act there is no mention of leave encashment while in service even with consent of Management. An employee can take leave encashment while quitting services, superannuation, discharge, dismissal or death. Leave encashment should be as per average daily wage of employee.

There are some companies which pay leave encashment on basic and DA, which is not correct. You Share, We Compare. Part of WageIndicator Foundation. Toggle main menu visibility Salary. How many leaves should be applicable in a company? Similarly minimum seven days casual leave and 14 days sick leave is provided to employees. Leave not to be availed more than 3 times a year NA NA NA Carry Forward Not more than 30 days NA NA NA.

Entitlement is Minimum 80 days During the year During the year Accumulation Maximum of 45 days. If employee has 45 days of leave to his credit and is refused leave then such period of refused leave is to be encashed Not allowed Not allowed Computation All holidays falling at the end of middle of the leave period shall not be computed.

Casual Leave, Earned Leave, Sick Leave : Leaves in India

Not allowed Not allowed. It cannot be taken for more than 3 days at a stretch 14 days in very year on half pay. Every woman who has put in continuous employment of 6 months or more shall be entitled for 6 weeks of leave preceding delivery and 6 weeks after delivery Entitlement On completion of one year continuous service During the year During the year Accumulation 24 days in 2 years.

Check your Pay, Salary or Income with the Salary Calculator. Fill up the Salary survey Know more about your salary. Find out if your job has decent work conditions. WageIndicator Foundation - Share and compare wages, understand Labour Laws and spot career opportunities and Partners. To apply for leave 15 days prior. Leave not to be availed more than 3 times a year.

Entitlement is Minimum 80 days. Not less than 1 day for every completed period of 1 month casual-cum-sick leave.