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Tuesday, April 2, 2013

Whether interest is payable on delayed payment of leave encashment dues?

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Whether interest is payable on delayed payment of leave encashment dues?

Interest on Leave Encashment 

SI. No. / Frequently asked Questions / Answer

1. Whether interest is payable on delayed payment of leave encashment dues? 


No. There is no provision in the CCS (Leave) Rules 1972 for payment of interest on leave encashment.
Source: www.persmin.nic.in
[http://ccis.nic.in/WriteReadData/CircularPortal/D2/D02est/Leave-25032013.pdf]
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