Hi! Welcome to satish24k - It's Not Just Central Government Employeees News, but We Strive To Present You Whatever You Might Be Interested In.......................Chief Editor - kavitaSatish, Just a COMMON MAN with UNCOMMON DREAMS.......... LIFE IS NOT WHAT WE GET FROM BIRTH, IT IS WHAT WE MAKE OUT OF EVERY MOMENT WE LIVE; SO MAKE BEST OUT OF IT.......HAVE A GREAT LIFE

Monday, October 25, 2010

How to calculate the amount of Encashment of Leave Salary...


     Here we have taken for reference the Office Order issued by Ministry of Labour & Employment, Labour Bureau dated on 23.09.2010.
     In this order the department calculate the encashment of leave salary for 300 days earned leave for an employee, who retired on 31.08.2010. [As per the Rule 39(2) C.C.S. (Leave) Rules, 1972 - DOPT Office Memorandum No.14028-7-97-Estt(L) dated 7th October, 1997]

The Calculation of leave salary is as under :-
Earned leave standing at the credit on the date of retirement = 300 days.
Pay = 16290

Grade Pay = 4800

DA @ 45% as on 1.7.2010 = 9491

Total = 30581
Calculation for 300 days...
30581 X 300 / 30 = 305810

Total Leave Salary admissible = Rs.3,05,810
(Rupees Three Lakh five thousand eight hundred ten only) Print Friendly and PDFPrintPrint Friendly and PDFPDF


For Further Reading,
EMPLOYEES NEWS

0 comments:

By Blog Gadgets

Choose Your Subject

2013 WALLPAPERS 7th Pay Commission AADHAR ACCOUNTS AIPEU AIR INDIA AIRF AIRTRAVEL ALLOWANCES AMAGING AMAZING ANNA HAZARE ANOMALY ANTI CORRUPTION MOVEMENT AUTISM BABIES BANKING BIRDS WALLPAPERS BLOGGING BONUS BSNL BUDGET Cadre Restructure Calenders CANCER CASUAL LABOURS CAT CAT Orders CBSE CCL CCS CCS PENSION CCS(JT) Rules 1979 CGHS CHARTS CHILD CARE Child Care Allowance CHILDREN EDUCATION ALLOWANCE CHINA CIRCULARS Compassionate Appointment CONSUMER NEWS Conveyance Allowance Court Orders CPWD CREATIVITY CRICKET. SPORTS WALLPAPERS CSD CSS CVC Cycle Maintenance Allowance DA DA MERGER DEFENCE DEFENSE DIGITAL INDIA DIGITAL LIFE CERTIFICATE DISABLED DOPT DOWNLOAD DPE DRDO eCards ECHS EDUCATION eMO EMPLOYEES NEWS EMPLOYMENT NEWS ENTERTAINMENT EPFO ESTATES EX SERVICEMEN EXAMINATIONS FACEBOOK FAQs FDI FESTIVALS FIGHT FOR JUSTICE FINANCE BILL 2013 FINMIN FLOWERS FORMs FUNNY PICTURES g GADGETS Ganesha Wallpapers GDS GENERAL KNOWLEDGE GENERAL KNOWLEDGE - CURRENT AFFAIRS GOD WALLPAPERS GPF GREETINGS Group B HBA HEALTH HIGH DEFINITION WALLPAPER HOLIDAYS Hostel Subsidy Allowance HRA IAS IBA IDA INCOME TAX INCREMENT INDEPENDENCE DAY INDEX NUMBERS INDIA INSURANCE INVESTMENT IP/ASP IPO Exam ISLAM JOINING TIME KIDS KVS LATEST POSTAL NEWS Latest Releases from PIB LEAVE LOKAYUKTA LOVE LTC MACPS MAKE IN INDIA MEDICAL Meghdoot Millennium MHA MOBILE BANKING MOBILE WALLPAPERS MOF MOTHER MY CORNER NATURE WALLPAPERS NEGATIVE LIST NEWS NPS One Rank One Pension ORDERS ORDINANCE PARLIAMENT NEWS PENSION People you must know PERSMIN PERSONALITY DEVELOPMENT PERSONOLITY DEVELOPMENT PFRDA POLITICS POSTAL TECHNOLOGY Postings PPF Promotions QUESTION PAPERS QUOTES RAILWAY NEWS RAJYASABHA NEWS RBI RECRUITMENT REIMBURSEMENT RELIGION REPUBLIC DAY RESERVATION RESULTS Retirement Age RTI SANATANA DHARMA Sanchaya Post SAPOST SBCO SC SCIENCE SCOVA SECULAR SEXUAL HARASSMENT SKIN CARE SLEEP SMS SMS-GOODNIGHT SPEEDNET ST Study Material TATKAL TEACHERS TECHNOLOGY TECHNOLOGY TIPS TERRORISM TRANSFER TRAVEL Travelling Allowance Troubleshooting Problems in Postal Applications UNION NEWS UPSC VIDEOS Virus Wallpapers Washing Allowance WILD PHOTOGRAPHY WOMAN ಕನ್ನಡಿಗ

Popular Posts of the Month

All Time Popular Posts

 
Blogger Wordpress Gadgets