Here's how the leave encashment tax rules for AY 2026-27 work and how much exemption salaried employees can potentially claim. While leave encashment is often seen as a valuable retirement benefit, ...

Salaried employees are entitled to a certain number of paid leaves every year, but there may be times when they are unable to utilise all of them. In many companies, unused leaves in a year can be ...

Tax rules 2026: Leave encashment is the amount paid by an employer for unused earned leave accumulated by an employee. Under Section 10(10AA) of the Income Tax Act, this benefit can be partially or ...

Leave encashment that you get while still working is generally taxed as salary for both government and non-government employees. But if you receive leave encashment at the time of retirement, then the ...