Calculate Your Total Leave Encashment
Frequently Asked Questions (FAQs)
1. Is leave encashment taxable?
Yes, for private sector employees it is partly taxable. For government employees, leave encashment is fully exempt under Section 10(10AA) of the Income Tax Act.
2. How many days of leave can be encashed?
The number of days eligible for leave encashment depends on your employer’s policy.
3. Can I calculate leave encashment online?
Yes, you can use our free Leave Encashment Calculator to instantly calculate your encashment amount based on unused leaves and your basic pay + DA.
4. What is the maximum tax-free leave encashment amount?
For non-government employees, it was ₹3,00,000, increased to ₹25,00,000 in a lifetime. For government employees, it is fully exempt.