You can use the formula given below to calculate the tax on leave encashment:
[(Basic Salary + Dearness Allowance) / 30] * Number of EL or earned leaves)]
Sikander Khan . Jul 23, 2023
You can use the formula given below to calculate the tax on leave encashment:
[(Basic Salary + Dearness Allowance) / 30] * Number of EL or earned leaves)]
Nishant Jul 23, 2023
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