April 10, 2012

CALCULATION FOR TOTAL NO OF EARNED LEAVE AT CREDIT - STUDY MATERIAL FOR ACCOUNTANT EXAMINATION

Fifteen Days of EL should be credited into account  on the first  January and  First July of every year

The credit to be afforded will be reduced  by 1/10 th of extraordinary  leave  availed  and/or period of dies non   during the previous half year

Eg  :    Dies non for 15  days  from     01.02.2009        

Next credit   15 Days     on  01.07.2009

Calculation   =    15  *1/10   ( 15-1.5  )   rounded to  14 Days  crdit

  
EL can be accumulated  up to  300 Days in addition to the  number of days for which enhcashment has  been  allowed along with LTC
The credit for  the half year in which  a government servent is appointed  will be  afforded at the rate of  2 ½ days  for each  completed calander month of service which he is likely to  render in the calander  half year in which he is appointed

Eg  :   Mr  X is  appointed on     12.02.2008       Then  Total  no of leave  credited   on 01.07.2008 is calculated as follows    

Completed calander month  from 12.02.2008   to  30.06.2008   Four months

So
           Total credit  of EL =  (4 *2 ½ )    =  10 Days



While affecting credit fractions  of a day  should be  rounded off to the nearest day Eg : 7 ½  days  to be rounded as 8  Days  
EL  on account of unavailed  Joining time 

Unavailed  joining  time   I e  Number of  days  admissible ( Subject to  maximum  15 Days ) reduced by  the  actual number of days  availed  , shall be credited  to Earned Leave account

Condition for  the  above 
1.      The Government servant   is ordered to  join  the new Post  without availing full admissible joining time
2.      Proceeds alone to the  new place  and joins the post  without availing  full  joining time
3.    The credit of earned leave  + the unavailed joining time credited should not exceed 300 Days

source: http://nfpemavelikaradivision.blogspot.com

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