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Leave Encashment Calculator

Find the encashment for unused leave — the per-day rate is made from your monthly salary and multiplied by unused leave days. The day basis and tax are both editable.

Per-day Salary
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Gross Encashment
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Tax Deducted
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Net Encashment
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How to use

  1. Enter your monthly salary — usually gross salary is used; check your company policy.
  2. Enter the remaining (unused) leave days.
  3. Enter the per-day basis — some employers use 30 days, some use working days.
  4. If tax applies on encashment, enter that percentage to see the net amount.

Note

The encashment formula depends on your HR policy and employment contract — some employers calculate on basic salary, some on gross. Rates change — verify with the official source before relying on this.