medium10 pts · first answer countsfull-and-final-settlement
Net amount in a full and final settlement
An employee resigns. Monthly gross is 60,000 and basic is 30,000. In the last 30-day month they worked 12 days. They have 10 days of leave to encash on basic / 30, and a notice shortfall of 15 days recovered on gross / 30. Ignoring tax and other deductions, what is the net settlement?
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