Can an employer refuse earned leave?
A worker may take all or portion of annual leave provided that he/she notifies the employer in writing at least 15 days prior to the date of availing annual leave and such request may not be refused unless it contradicts with the scheme of leave already agreed.
Is leave a right or privilege in India?
Leave is a legal entitlement of an employee, but not a prerogative. It is a conditional right and an inseparable piece of the total employment package.
What is a privilege leave?
Privilege leave is also known as earned leave meaning that the company will pay a salary while the employee is on leave. These leaves are available to every employee in the organization and these leaves can only be availed if the department head sanctions these leaves.
Is leave encashment taxable for PSU?
Any employee demanding leave encashment for their unused paid leave during their employment period is taxable as it is considered as income from salary. In this case, the employee can get tax relief under Section 89.
What is leave encashment rules in India?
Therefore, members of the All India Services are entitled for encashment, of earned leave for 10 days each subject to the maximum of 60 days in the entire career; and a maximum of 300 days of earned leave on retirement/death under rule 20A of the All India Services(Leave) Rules, 1955.
Who is eligible for privilege leave?
Privilege Leaves As per Factories Act 1948 If your company comes under the factories act 1948 then you will become eligible for privilege leaves after 240 working days of continuous service in a calendar year (1 Jan to 31 Dec). For every 20 working days (excluding holidays) you will get 1 privilege leave.
What does privilege leave meaning in India?
What is the meaning of paid leaves in PSU?
paid leaves or earned leaves are usually given by PSUs in lieu of completion of certain period of service. In SAIL, for every year completed, 30 earned leaves are credited to you, which can be accumulated to a maximum of240 days . Other PSUs also have similar structure. They may be used judiciously like…
What is the leave policy for assistant professors in pharmacy colleges?
2.Since you are working as an Assistant Professor in a Pharmacy college since 11 years, each year your leave account shall be credited 30 days earned leave, subject to a maximum credit limit of 300 days at any given point of time.
Can I apply for earned leave?
Yes, you can apply for earned leave.It is surprising that you have not yet applied for EL even once during your period of employment. Hope you have appointment letter and EL deposition is shown in your salary slip,
What is the leave policy of a company in India?
Leave Policy in India Numbers of leaves entitlement in a company depends upon state you are in. Every state has different leave entitlement and leave policies which should be seen before one defines leave policy of your company. Leave policy of a company cannot be less than that mentioned by the State’s shop and establishment act.