Types of Leave in India
Indian labour law recognises several leave types: Casual Leave (CL), Sick Leave (SL), Earned/Annual Leave (EL/PL), Maternity Leave, Paternity Leave, and Optional/Festival Holidays. Each has different accrual, eligibility, and encashment rules.
Leave Carry-Forward Rules
Most companies allow unused Earned Leave to be carried forward to the next year (up to a limit). Casual and Sick Leave typically lapse at year-end. Your leave policy should clearly state these rules.
Why Automate Leave Management?
- Employees can apply and track leave from their phone
- Managers get instant notifications and can approve in one click
- Payroll is automatically updated—no manual adjustments
- Leave balances are always accurate and visible to everyone
Finkey Leave Module
Finkey supports all standard Indian leave types, configurable carry-forward rules, half-day leave, and leave encashment at the time of payroll processing.
