Leave Encashment: Methods of Calculation, Tax Treatment, and Applicable Rules
Leave encashment may appear to be a routine payroll activity, but in reality, it sits at the crossroads of employee benefits, statutory compliance, tax planning, and organizational trust. For CHROs, CFOs, and business leaders, even small errors in leave encashment can trigger payroll disputes, compliance penalties, and employee dissatisfaction especially during exits and retirements. With … Read more