As per the latest amendment to ‘The Karnataka Shops & Comm. Establishments Act’, the total no. of annual leave days that may be carried forward to the succeeding year is 45. In this regard, I would like to know if leave encashment can be provided as an option instead of allowing the entire un-used Earned Leave balance to be carried forward to the next year and then have a limit for carry forward? There will be no lapse of Earned leave, it just gets encashed instead. Is this legally allowed?
Thank you and regards