Leave Encashment Calculator
Calculate the monetary value of your accumulated unused leave days based on your basic salary and dearness allowance.
Parameters
$
$
days
Results Summary
Total Encashment
$150,000
Basic + DA
$50,000
Per Day Rate
$1,667
Unused Leave Days
90
Mathematical Formula
This calculator determines the results based on the following standard financial formula for Leave Encashment:
Encashment = (Basic + DA) ÷ 30 × Unused Leave Days
Variables Glossary
- Total Encashment
- Total amount received for unused leaves
- Basic + DA
- Sum of basic salary and dearness allowance
- Unused Leave Days
- Number of accumulated leave days
Leave encashment is calculated by dividing your monthly basic salary plus DA by 30 to get daily rate, then multiplying by the number of unused leave days.
Frequently Asked Questions
Is leave encashment taxable?
Leave encashment at the time of retirement is partially exempt from tax. During service, it is fully taxable as salary income.
How many leaves can be encashed?
Most organizations have a maximum leave accumulation limit (usually 30-45 days). Leaves beyond this limit may lapse or require forced encashment annually.