Calculate the amount you will receive for encashing your unused leave days. Plan your leave encashment with accurate calculations based on your salary and leave balance.
Fill in your salary and leave balance information
Enter your salary and leave details to see your encashment amount.
Per Day Value = (Monthly Salary × 12) / (Working Days × 12)
Encashment Amount = Per Day Value × Leave Balance
Net Amount = Encashment Amount - Tax (if applicable)
During Service: Fully taxable as salary income
Retirement: Exempt up to ₹25,00,000 (as per Section 10(10AA))
Government Employees: Fully exempt on retirement