Leave Encashment Calculator
Calculate EL encashment at retirement (300 days), during service (60 days), or LTA (10 days)
Your Details
Leave Encashment Amount
₹8,86,380
Taxable
₹0
* Formula: (Basic + DA) ÷ 30 × No. of days. EL encashment at retirement is fully tax-free up to ₹25 lakh for central govt employees.
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Frequently Asked Questions
At superannuation, Central Govt employees can encash up to 300 days of Earned Leave (EL). The amount is tax-free up to ₹25 lakh.
Leave Encashment = (Basic Pay + DA) ÷ 30 × Number of Leave Days. For example, with Basic+DA of ₹90,000 and 300 days EL: ₹90,000 ÷ 30 × 300 = ₹9,00,000.
Yes, up to 60 days of EL can be encashed during service once in two years (LTC encashment) — this is taxable. Additionally, 10 days can be encashed against LTA.
Leave encashment at retirement from Central/State Govt service is completely exempt from income tax up to ₹25 lakh. For private sector, the exemption limit is being revised upward.