Hi Seniors,
I am Neha establishing a HR Department in my company, i know that CL and ML should be six in a month and PL is to be given 1 for the 20 days. Now i would like to ask that CL, ML lapse after a financial year, so what about PL. Is it to be carried forward in a calender year or a financial year???? Please let me know................???
waiting 4 early reply......
Regards,
Neha
From India, Lucknow
I am Neha establishing a HR Department in my company, i know that CL and ML should be six in a month and PL is to be given 1 for the 20 days. Now i would like to ask that CL, ML lapse after a financial year, so what about PL. Is it to be carried forward in a calender year or a financial year???? Please let me know................???
waiting 4 early reply......
Regards,
Neha
From India, Lucknow
Dear Neha,
You can carry forward both your EL and SL but not your CL. EL and SL are calculated as per calender year.
One more thing, there is no such established rule that CL and SL should be 6 per year(not month). It varies from company to company. EL (1 for 20 days) is only something which is stated by law. But if someone tries to give a better benefit then the law then they are most welcome.
Hope I am able to make myself clear.
Regards
From India, New Delhi
10You can carry forward both your EL and SL but not your CL. EL and SL are calculated as per calender year.
One more thing, there is no such established rule that CL and SL should be 6 per year(not month). It varies from company to company. EL (1 for 20 days) is only something which is stated by law. But if someone tries to give a better benefit then the law then they are most welcome.
Hope I am able to make myself clear.
Regards
From India, New Delhi
Dear Neha,
Generally Casual Leave, maternity leaves are not allowed to be carried forward as it pertain to that year. However, its a company specific policy. In my Comapny staff is allowd to carry forward Sick leave, Casual leave and Previlage leave and only sick leave and Previlage leave for exective. All said and done, there is a cap on maximum leave that can be accumlated. Further there is a limit on the number of leave that an employee can accumulate in a year.
Hope this solves your query.
Warm Regards,
Divya
Join my SMs chanel on income tax. It’s Free
<link outdated-removed>
or
Send JOIN INCOMETAXONLINE to 9870807070
From India, Mumbai
Generally Casual Leave, maternity leaves are not allowed to be carried forward as it pertain to that year. However, its a company specific policy. In my Comapny staff is allowd to carry forward Sick leave, Casual leave and Previlage leave and only sick leave and Previlage leave for exective. All said and done, there is a cap on maximum leave that can be accumlated. Further there is a limit on the number of leave that an employee can accumulate in a year.
Hope this solves your query.
Warm Regards,
Divya
Join my SMs chanel on income tax. It’s Free
<link outdated-removed>
or
Send JOIN INCOMETAXONLINE to 9870807070
From India, Mumbai
Dear Neha,
First decide that in which of the act your establishment is covered i.e. under the State Shops Act or Factories Act & then go through the provisions on leaves. If your unit is covered under State Shops Act then you can see there all the provisions on grant of EL, CL & SL. If your unit is covered under The Factories Act,1948 then for EL plz go through the Chapter VIII of the Leave with wages & for CL & SL you are to go through The State Industrial Establishment (Casuel & sick Leaves and National & Festival Holidays) Act.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
First decide that in which of the act your establishment is covered i.e. under the State Shops Act or Factories Act & then go through the provisions on leaves. If your unit is covered under State Shops Act then you can see there all the provisions on grant of EL, CL & SL. If your unit is covered under The Factories Act,1948 then for EL plz go through the Chapter VIII of the Leave with wages & for CL & SL you are to go through The State Industrial Establishment (Casuel & sick Leaves and National & Festival Holidays) Act.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
Thanx to all of you but it has not cleared yet that these leaves will be calculated on financial year or calender year?? Hope u r getting me, Regards, Neha
From India, Lucknow
From India, Lucknow
Dear Neha,
All the Acts which are framed as regards to the leaves have the definition of the 'year". Plz go through & clear your doubt without any delay.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
All the Acts which are framed as regards to the leaves have the definition of the 'year". Plz go through & clear your doubt without any delay.
Regards,
R.N.Khola
Skylark Associates, Gurgaon(Haryana)
(Labour Law & Legal Consultants)
09810405361
From India, Delhi
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Leave Policy.doc