Leave Encashment Calculator (Free, India)
Calculate the leave encashment payable for your accumulated leave balance based on last drawn basic plus DA. Useful at resignation, retirement or year-end.
FAQs
How is leave encashment calculated?
Usually (last drawn basic plus DA divided by 30) times the number of unused leave days.
Is leave encashment taxable?
It is tax free up to limits for government employees and on retirement; otherwise it is taxable as salary.