Hey In case if someone resign from sapien how their leaves got encashed and at what rate ? I mean on the basis of basic salary or whole salary per day ?

Please share insights ...

Thanks in Advance

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I don't think it's basic salary. It is the base salary.

Yes so its base salary x min(your PL, 45)

(Annual base salary divided by 312 )* no. Of PL

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Is this taxable or tax free ?

It would depend upon the total earnings you made from leave encashment in your life. If you have made more than 25 lakhs then it will be taxable otherwise it won't be.

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Hey Guys. Regarding the forced layoffs in PS. It’s high time we unite and hit them back. I’ll request all people who’ll receive the video connect email from PS to do one important thing. Use a a pen camera or a hidden camera(small) in your pocket before attending the call and record the call and events. These peoples should not be spared. Try to get some evidence and let’s expose to public media and other legal teams. You can do this anonymously thereby saving others from this crap.

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