Calculators

Leave Encashment Calculator

Leave Encashment Calculator is part of Toolspire and is ready as soon as this page loads. The divisor is 30, a common payroll convention, not the length of the month you resign in. Tax exemption on leave encashment is not calculated.

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Monthly basicLeave days encashed

Result

15,000.00

1,000.00 a day on a 30-day divisor. Tax exemption is not applied.

A 30-day convention. Your appointment letter may use 26 days or basic plus DA. Tax treatment is not included.

On this page

What you can do here

Basic only, unless you fold DA in

If your letter says basic plus DA, add DA into the basic box before you type.

Thirty-day divisor

The detail shows the one-day rate, which is basic ÷ 30.

No tax exemption

The ₹15,000 is the gross sketch. What is tax-free is a different statute and is not applied.

The sequence

How to use the Leave Encashment Calculator

1
Read the letter for the wage base
Some policies encash basic, some encash basic plus DA. The box is labelled basic.
2
Count only days the policy lets you sell
A balance of 40 with a cap of 15 means you type 15.
3
Check ₹15,000
The day rate is ₹1,000. Fifteen days are ₹15,000.

Worth knowing

Leave Encashment Calculator on Toolspire: encashment = monthly basic ÷ 30 × days.
₹30,000 ÷ 30 × 15 = ₹15,000.
The 30 does not change in February. It is a payroll divisor, not the calendar.
DA, HRA and the tax exemption limit are not in the formula.

Thirty is a convention, not the month

Dividing basic by 30 and multiplying by leave days is how many Indian payrolls price earned leave. It does not look up February, and it does not apply the tax exemption that can apply when a salaried person encashes leave at retirement. If the letter says 26 working days, this page will be high, because 30 is hard-coded and said so in the detail.

FAQ

Questions about Leave Encashment Calculator

Where does Leave Encashment Calculator run?

Leave Encashment Calculator runs in this tab on Toolspire. What you type or drop in is not sent to us and is not stored on a server.

What is 15 days of leave on a ₹30,000 basic?

₹15,000. One day is ₹1,000.

Why divide by 30 in February?

Because this convention uses 30, not the calendar length. A policy that uses 26 will not match.

Should DA be included?

Only if the encashment clause says basic plus dearness allowance. Add it into the box.

Is the amount tax-free?

The page does not decide. It is the gross day-rate sum.

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Last updated 23 October 2026Report a problem or suggest a feature