Leave Encashment Calculator
Calculate the amount you will receive for encashing your unused earned leaves.
Leave Balance
15 Days
Encashment Value
Total Encashment Amount
₹15,000
Tax Free up to ₹25 Lakhs for non-govt employees (on retirement).
Don’t waste your leaves
Unused leaves (EL/PL) can often be encashed during resignation or retirement. Calculate the monetary value of your leave balance.
Frequently Asked Questions
How is leave encashment calculated?
It is calculated as: (Basic Salary / 30) x Number of Unused Earned Leaves.
Is it tax free?
For non-government employees, leave encashment at retirement is exempt up to ₹25 Lakhs.