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EARNED LEAVE ENCASHMENT
Filing ITR? Don’t ignore the ‘nature of employment’ field; it can affect NPS & retirement tax benefits- Bengaluru techie who started with just Rs 5,000 salary now has Rs 70 lakh net worth, but still carries one regret he cannot forget
- Rs 5000 monthly starting salary, Rs 70 lakh savings: Bengaluru employee shares the strategy he used for wealth creation
- Retired employee claims tax exemption on Rs 19 lakh leave encashment; I-T dept issues notice and caps it at Rs 3 lakh; ITAT Chennai grants him full reliefWhen Mr Balasubramanian Venkatachalaperumal from Jagadamal Street retired from ONGC in FY 2019-20, he got Rs 19.05 lakh as leave encashment...19 Jun, 2026, 10.27 AM IST
- 8th Pay Commission latest news: Railway pensioners' body demands one rank one pension, inflation-linked pension revisionRetired railway employees are urging the 8th Pay Commission to implement one rank one pension. They also demand a revision of basic pay and...09 Jun, 2026, 01.40 PM IST
- Leave encashment tax rules for AY 2026-27: How much exemption salaried employees can claimITR Filing 2026-27: Salaried employees can claim tax exemption on leave encashment at retirement. While government employees enjoy full exe...01 Jun, 2026, 11.44 AM IST
- 'My 40-day salary slip': Bank of Baroda PO reveals first payslip, with allowances & perks fueling viral buzzA Bank of Baroda probationary officer’s viral payslip has sparked fresh interest in bank PO salaries and government banking jobs in India. ...28 Apr, 2026, 11.43 PM IST
- Can you be forced to work on holidays? New labour law rules explainedBosses often pressure employees to work on off-days for targets, but Indian labour laws protect your right to rest. Employees generally can...28 Apr, 2026, 08.13 AM IST
- 8th Pay Commission for central government teachers: Rs 50,000 minimum pay for Level 1 employee, up to 3.83 fitment factor; what employee body wants from 8th CPCThe employee body representing central government teachers from Union Territories is seeking significant pay hikes in their salaries in the...27 Apr, 2026, 11.23 AM IST
- Worked for 6 months? You’re eligible for earned leave now - plus annual encashment under new Labour Code 2025Employees can now claim earned leave after just 180 days of work, a significant reduction from previous norms. The new labour code also int...06 Apr, 2026, 09.15 AM IST
- Earned leave encashment is a constitutional right; it's like property that employers can't deny: HCGujarat high court has ruled that depriving an employee of earned leave encashment violates constitutional rights. The court affirmed a lab...03 Jan, 2025, 03.43 PM IST
- Tax exemption limit on leave encashment increased to Rs 25 lakh for non-government salaried employeesThe finance ministry announced the maximum limit for encashment of earned leave that is exempt from income tax in accordance with the budge...31 Jul, 2023, 12.21 PM IST
- CBDT notifies enhanced leave salary encashment limit for non-government employeesThe CBDT’s notification aims to implement the Budget 2023 proposal that promised to increase the income tax exemption limit on earned leave...25 May, 2023, 07.40 PM IST
- Tax exemption on leave encashment on retirement of non-government salaried employees increased in Budget 2023According to Nirmala Sitharaman in her Budget speech, “The limit of Rs 3 lakh for tax exemption on leave encashment on retirement of non-go...01 Feb, 2023, 05.41 PM IST
- Maximum period of leave for govt employees, leave encashment, childcare leave: Govt answers 19 FAQsThe government has published Frequently Asked Questions (FAQs) on leave policies and entitlements. This replaces the CCS (Leave) Rules of 1...02 Sep, 2022, 10.23 AM IST
- Sebi slaps Rs 50 lakh penalty on NSE for changing compensation policy without regulator's nodIn November 2012, NSE’s compensation committee decided that in case of Senior management, the accumulated ordinary leaves would be allowed ...25 Aug, 2020, 09.33 PM IST
- You won’t get to encash entire accumulated leaveCut to the new generation: While work is passion, taking time off work is treated with equal fervour.06 Oct, 2017, 12.11 PM IST
- LTC leave encashment only once in year: Government to babusThe order comes after some references were received with regard to the number of times a government servant can avail of the encashment wit...09 Feb, 2015, 06.52 PM IST
- CAG says 20 PSUs paid Rs 414 cr in irregular leave encashmentDeviating from norms, about 20 central PSUs, including BHEL, NMDC and Hindustan Petroleum, made irregular payments of about Rs 414 crore to...08 Aug, 2013, 09.54 PM IST
- LIC earns premium of Rs 4,853 cr from BSNLLife Insurance Corporation (LIC) on Friday said it has earned premium of Rs 4,853 crore from BSNL under a group scheme, which is the larges...10 Sep, 2010, 08.24 PM IST
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