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Beri R & Associates CA firm in Delhi India-ITR ,GST, Accounting, Auditing, DSC
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Beri R & Associates CA firm in Delhi India-ITR ,GST, Accounting, Auditing, DSC
Beri R & Associates CA firm in Delhi India-ITR ,GST, Accounting, Auditing, DSC
6 months ago
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During Employment:
Leave encashment is chargeable to tax.

At Retirement or Leaving the Job:
For Government Employees: Leave encashment is fully exempt from tax.

For Non-Government Employees: The exemption is limited to the least of the following: šŸ“‘

āæ” Earned leave based on average salary.
āæ¢ 10x the average monthly salary.
āæ£ ā‚¹3,00,000.
āæ¤ The leave salary received.

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