Yes, leave encashment is taxable According to the Income Tax Act. Nevertheless, tax exemptions can be obtained for leave encashment obtained at time of retirement or resignation less than certain problems. Pre-tax deductions are amounts taken out of your gross pay out in advance of income taxes are calculated. These https://georgesw091mre7.wikinstructions.com/903603/the_ultimate_guide_to_gujarat_government_salary_calculator