DA Arrears Calculator 1.7.2024 for 3 MonthsCPSE Pay Revision 2017 – Leave Regulations
Leave Regulations / Management
a. That the leave policies applicable for Government employees are not comparable with the leave management polices applicable under an Industrial set-up for CPSEs employees.
b. That CPSEs will be allowed to frame their own leave management policies and the same can be decided based on CPSE’s operational and administrative requirement. In the process, the CPSEs should however comply with the following principles:-
i. Maximum accumulation of Earned Leave available are not permitted beyond 300 days for an employee of CPSE. The same shall not be permitted for encashment beyond 300 days at the time of retirement.
ii. CPSEs should adopt 30 days’ month for the purpose of calculating leave encashment.
iii. Casual and Restricted Leave must not be encashed at all and it shall lapse at the end of the calendar year.
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