Leave Encashment
Leave encashment calculator for unused earned leave
Estimate leave encashment payout and a simplified exempt/taxable split.
Calculator
What is your leave encashment value?
Formula
Unused leave converted to salary value
Leave encashment usually depends on unused earned leave and salary rules in the employer policy.
Payout = Average monthly salary / 30 x unused leave days
FAQ
Is leave encashment taxable?
Encashment during service is generally taxable. Retirement/resignation cases can have exemptions depending on employee type and limits.
Does employer policy matter?
Yes. Leave rules and encashment eligibility depend on your employer policy and applicable law.