(Expert) 15 February 2008
It all depends on the leave policy of the particular company. Normally, earned leave will be calculated on basic salary only. Formula to calculate EL is Total Basic Salary divided by Total Number of Months he worked multiplied by number of earned leaves divided by thirty days.
(Querist) 16 February 2008
Thanks Prakash Sir.
(Expert) 07 April 2009
Thanks all of you the ld. member and the author.