SillyPancake
SillyPancake
5mo

Trending @Cognizant; Need clarity on Leave encashment

My LWD is December 19th and I have 30 earned leaves. I have few questions on encashment.

  1. Is there any cap for leave encashment like these many leave only come to encashment?

  2. When I see the calculation it is coming on basic.but I have nps deducted by employer.will that also considered on basic?

  3. As per my understanding leave going to laps on 31st December, is it correct?

Please answer if someone knows

5mo ago
DizzyPickle
DizzyPickle

Only current year Earned leave will be encsshed

SillyPancake
SillyPancake

But I have 30 leaves and few are carried forward from last year..I hope few is going to laps on Dec 31st..if my LWD before 31 I can get encashment for all leaves i hope

PeppyDonut
PeppyDonut

+1

PerkyBoba
PerkyBoba

+1

FluffyPotato
FluffyPotato

+1

I also have 26.5 leaves.

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