Leave Encashment for PSU Employees: How Much Is Really Tax-Free (And Where the Confusion Comes From)
Why PSU Employees Assume Leave Encashment Is Always Tax-Free A lot of PSU employees treat leave encashment like a quiet bonus, money the company hands you that somehow stays off the tax department’s radar. I hear this most from new joinees who haven’t sat through a payslip with TDS deducted on an encashment payment yet. … Read more