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

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