hra salary

Leave Encashment Calculator

Estimate leave encashment from basic/DA or gross using a clear daily-rate basis.

Encashment = (salary component ÷ days in month) × eligible leave days
Try:

Required only if basis is gross daily.

Employers use 26, 30, or calendar days — match your policy.

General estimate — employer policy and tax treatment may differ.

How it works

A general encashment estimator: daily rate = chosen salary component ÷ days in month; payout = daily × eligible days. This is not a universal statutory rule and does not compute income-tax exemption under Section 10(10AA). Confirm with employer policy and a tax advisor.

Frequently asked
What is leave encashment?

Payment for unused privileged/earned leave when you resign, retire, or when your employer allows encashment during service.

How is leave encashment calculated?

Most payroll policies use a daily rate from basic (often + DA) divided by 26 or 30 days, multiplied by encashable leave days. Pick the basis that matches your HR policy.

Which salary components are considered?

This tool supports basic only, basic + DA, or gross monthly. Some employers include special allowances — enter those in gross if needed.

Is this the tax-exempt amount?

No. Tax treatment of leave encashment (e.g. Section 10(10AA) for government vs non-government) is separate and not computed here.

Leave Encashment Calculator — Estimate Leave Pay · ilovedigital.in