dear all, is there a provision under the bombay shops and establishment act for leave encashment? shrs
From India, Mumbai
From India, Mumbai
Hello
Bombay S&E Act provides encashment of leaves under Sec 35(2) in conjugation with Sec 36. The encashment of leave is only possible upon exit & not stipulated on a yearly basis. However some employers pay it on a yearly basis too for any un utilised leave over & above the carry forward limit. It depends upon Co to Co.
From India, Mumbai
5Bombay S&E Act provides encashment of leaves under Sec 35(2) in conjugation with Sec 36. The encashment of leave is only possible upon exit & not stipulated on a yearly basis. However some employers pay it on a yearly basis too for any un utilised leave over & above the carry forward limit. It depends upon Co to Co.
From India, Mumbai
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High Courts Judgments & Central Rules on leave encashment.docx
PF Contribution on Leave Encashment - Clarification by EPFO.pdf