Annual Leave With Wages Calculation

Dear Seniors,I have a query regarding Annual Leave with Wages:I know that to avail Earned Leave (EL), one has to work for 240 days. If an employee quits from their job, the employer is required to make the payment for the EL along with their full and final settl...

Whether EL encashment should be paid on the basic+DA or the total gross, which includes allowances such as HRA, etc.Thank you.

In accordance with the contract of employment, compensation should be in the form of a salary rather than reimbursements and attendance-based allowances.

Dear Madhu T K,As you said, it should be on salary as per the contract of employment, other than reimbursements and those allowances which are paid based on attendance. Can you support your statement with the appropriate act?Thank you.

Salary or wages are the remuneration that the employer has agreed to pay in return for the services or labor put in by the employee, right?Now, after fixing a wage of, say, Rs 15,000, you, like any other employer, will, for his "convenience," bifurcate it as bas...

In respect of an employee who joins your company during the preceding year, 240 days shall be made proportionate to the days available for working. For example, if he had joined in July, he should have at least 120 days of working; if he had joined in September,...

1) If an employee works during part of the calendar year and leaves at the commencement of the subsequent calendar year (e.g., during February or March), will it be obligatory on the part of the employer to pay leave wages as part of the full and final settlemen...