As per factories act:
Annual leave with wages (1) Every worker who has worked for a period of 240 days or more in a factory during a calendar year shall be allowed during the subsequent calendar year, leave with wages for a number of days calculated at the rate of :-
if an adult, one day for every twenty days of work performed by him during the previous calendar year ;
However,
In the EL calculation only 30 days is to be taken not 26 days which is applicable only for gratuity calculation. Your calculation of 5000 is the correct one which is the practice followed in all the companies.
Annual leave with wages (1) Every worker who has worked for a period of 240 days or more in a factory during a calendar year shall be allowed during the subsequent calendar year, leave with wages for a number of days calculated at the rate of :-
if an adult, one day for every twenty days of work performed by him during the previous calendar year ;
However,
In the EL calculation only 30 days is to be taken not 26 days which is applicable only for gratuity calculation. Your calculation of 5000 is the correct one which is the practice followed in all the companies.
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