
Leave encashment new rule: Non-govt employees to gain 20K/Year
Honorable Union Finance Minister Smt Nirmala Sitharaman has proposed to hike tax exemption on leave encashment on the retirement of non-government salaried employees to Rs. 25 lakhs from Rs. 3 lakhs. What is leave encashment? Leave encashment is the amount of money that an employee received in exchange for leaves not availed by an employee. As per […]














