E-PaperLeave Encashment News
Don’t forget to encash your unutilized leaves
Govt and some private employers pay a compensation against certain unutilized leaves during your service or after retirement or resignationLeaves encashed at the time of retirement or resignation are fully exempt for government employees
4 min read1 Sep 2019Retiring L&T executive chairman A.M. Naik to get Rs32.21 crore leave encashment
L&T's group executive chairman A.M. Naik will get Rs32.21 crore as leave encashment as part of Rs38.04 crore retirement benefits
1 min read22 Aug 2017Cabinet approves leave encashment up to 180 days for deceased defence personnel
Leave encashment up to 180 days was approved for the deceased defence personnel or those who were invalidated out of service from 30 December 1991 to 29 November 1999
1 min read19 Apr 2017The tax implications of encashing your unavailed leaves
When you encash your leaves, the amount is taxed as income from salary, but not always. Read on to know about tax relief in encashing leaves
2 min read8 Dec 2016Intel India to lay off some employees
Intel offered a voluntary separation package of 4-months' salary (depending on the tenure) plus 1-month's salary for every year spent at the company
2 min read12 May 2016LTC leave encashment only once in year: govt to babus
The order comes after some references were received with regard to the number of times a govt servant can avail of the encashment in the same block year
1 min read9 Feb 2015Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared