Leave Encashment Calculator

Find the gross amount for cashing out unused leave.

How it is calculated

Your daily salary rate is multiplied by the number of leave days being encashed.

Formula

Amount: Daily salary × leave days

Frequently asked questions

Is leave encashment taxable?

It depends on whether you cash it out while working or at retirement, and whether you work for the government or a private company. The tax rules are quite different in each case.