Section 10(10AA) · ₹25L exemption limit (2023)

Leave Encashment Calculator on Resignation 2026

Calculate your earned leave encashment payout on resignation or retirement. See gross amount, Section 10(10AA) tax exemption (₹25L limit), and net in-hand for private and government employees.

Employee Type

Basic Salary (Monthly ₹)

Basic pay only, exclude HRA and allowances

Dearness Allowance (DA %)

%

Most private IT companies have 0% DA, enter 0 if not applicable


Earned Leave Days to Encash

Leave Days

days

Leave Encashment Payout

Gross Payout

₹50,010

Net (After Tax)

₹50,010

Fully tax-free, within exemption limit


Monthly Salary (Basic + DA)

₹50,000/month

Daily Rate (Salary / 30)

₹1,667/day

Gross Encashment (30 days)

₹50,010

Tax Exemption (Sec 10(10AA), least of actual, 10 months, ₹25L)

₹50,010

Net Payout

₹50,010

10 months salary cap: ₹5,00,000. Statutory limit: ₹25,00,000. Exemption = least of actual, 10 months, and ₹25L (lifetime across employers).

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What this assumes

  • Your daily rate is one thirtieth of monthly basic plus DA, which is the standard convention
  • Government employees are fully exempt under section 10(10AA)
  • For everyone else the exemption is the least of the actual amount, ten months' salary, and the ₹25,00,000 statutory limit
  • The limit is a lifetime one across employers, so earlier encashments reduce what is exempt now

This is an estimate for planning, not tax or financial advice. Your employer’s structure and your own tax position can change the figure.

Leave encashment, the key rules

What determines your tax-free amount and when you get paid.

₹25L tax-free limit (revised 2023)

The Section 10(10AA) exemption for private employees was raised from ₹3L to ₹25L in May 2023. This is a lifetime limit across all employers; keep records of exemptions claimed to avoid double-claiming.

Government employees: 100% exempt

Central and state government employees receive full tax exemption on leave encashment; there is no upper limit. The entire encashment amount is tax-free regardless of how large it is.

Paid as part of Full & Final

Leave encashment is settled along with unpaid salary, gratuity, and other dues in your Full & Final (F&F) settlement, typically processed within 30–45 days of your last working day.

Example: Basic ₹50,000/month, 0% DA, 30 earned leave days (private)

Monthly salary (Basic + DA) = ₹50,000. Daily rate = ₹1,667. Gross encashment = ₹50,000. Exemption = least of ₹50,000 (actual), ₹5,00,000 (10 months), and ₹25,00,000 (limit) = ₹50,000. Result: fully tax-free. You receive ₹50,000 with no TDS deducted.

Leave encashment quick reference

Payout at ₹50,000 basic, 0% DA, private sector.

10 leave days

₹16,667

15 leave days

₹25,000

20 leave days

₹33,333

30 leave days

₹50,000

45 leave days

₹75,000

60 leave days

₹1,00,000

90 leave days

₹1,50,000

All tax-free (within ₹25L lifetime limit at ₹50K basic)

Section 10(10AA) Exemption Rules

Government employees

Fully exempt, no limit

Private (retirement/death)

Fully exempt, no limit

Private (resignation)

Exempt up to ₹25L lifetime

10 months salary cap

Also applies as an additional cap

Lifetime limit

Cumulative across all employers

Amount above ₹25L

Taxable as salary income

Questions

Frequently asked questions

Leave encashment rules, tax, and F&F settlement.

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Leave Encashment Calculator on Resignation 2026 | Tax Exemption | ResumeVera