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Name of Company:
Note: If employed for less than 1 year, Leave Encashment is Fully Taxable.
Notes: Salary for leave encashment purpose consists of, Basic Salary, D.A. (if it qualifies
for retirement benefits), and commission based on fixed percentage of turnover --
but excludes all other allowances and perquisites.
Leave Encashment is exempt to the extent of the minimum of the following four amounts:
Rs.
1. Leave Encashment actually received:
Cyrus Paymaster
Digitally signed by Cyrus Paymaster
DN: cn=Cyrus Paymaster, o=Paymaster services, ou, email=callcyrus@gmail.com, c=IN
Date: 2009.11.27 21:40:04 +05'30'