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TDS on leave encashment

Is my employer right to deduct tax on leave encashment after my resignation? | Mint
  • Personal Finance

Is my employer right to deduct tax on leave encashment after my resignation? | Mint

TheSpuzz Desk6 months ago04 mins

Source: Live Mint I resigned in August 2024 and received leave encashment as part of my final settlement. While making the payment, the employer deducted tax on the full amount of leave encashment, contending that I had resigned and not retired. Is my employer right to deduct tax on leave encashment, as I understand this…

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Trending News

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Pakistan stock market: KSE 100 index tumbles over 9% in four days amid India-Pakistan tensions, index down 7% YTD | Stock Market News
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