What is railway PTO?

What is railway PTO?

‘privilege ticket order’ (hereinafter referred to as P.T.O.) is an authority issued in favour of a railway servant which may be exchanged for a passenger rail ticket on payment of one third of the normal fare; h.

How many times leave encashment can be availed in railways?

A Railway Employee who quits/ resigns shall be entitled to cash equivalent of LAP at credit on date of cessation of service to the extent of half of such leave at credit subject to a maximum of 150 days encashment.

Can I take 1 year leave in govt job?

The time of the course is limited: You can avail of study leaves for not more than 12 months at a time, albeit in extraordinary circumstances. In your entire career, you can opt for study leave of not more than of 24 months.

What is PL leave?

As per the Factories Act, the leave entitlement of the employees is termed as earned leaves or EL, whereas, under the Shops and Establishments Act, the entitled leaves are termed as privilege leaves or PL. Under the Factories Act, a single earned leave is granted for every 20 working days, i.e. 18 leaves per year.

Is salary credited on Sunday?

The Reserve Bank of India (RBI) has announced the National Automated Clearing House (NACH) system will be available on all days, including Sundays and bank holidays, from August 1. Salaries are also not credited on these holidays.

Is Sunday included in monthly salary?

Monthly salary is irrespective of days for employees in regular service .

On which day salary is credited?

Salary is credited on the 15th of every month for the entire month.

What happens if my payday falls on a Sunday?

If payday falls on a Saturday, you should consider paying your employees on that Friday before your regular payday. If it falls on a Sunday, you should typically pay employees on the following Monday. If you plan on depositing checks on the weekend, payments won’t be accessible for employees.

Can money clear in your bank on a Sunday?

Flat out answer- YES, you can deposit your money on a Sunday. Just remember that Sunday is not a business day, therefore cash deposits will post immediately but checks will have delayed posting depending on your banks funds availability schedule.

Do you get paid early if payday falls on a Sunday?

If your job pays an annual salary, you’ll normally be paid monthly. If your usual payday falls on a weekend or a bank holiday, you’ll normally be paid early. For example, if you are normally paid on the 25th of each month, in December you’ll probably be paid on the 24th instead because the 25th is a holiday.

Is it legal to be paid after pay date?

Therefore, it can be illegal to pay employees late. The date on which you receive your payment and the amount that you can expect to receive (per hour, per month or at piece rate) should be set out in a predetermined contract.

What can I do if I’m not getting paid on time?

What to Do If Your Paycheck Is Late

1. Contact your employer (preferably in writing) and ask for the wages owed to you.
2. If your employer refuses to do so, consider filing a claim with your state’s labor agency.
3. File a suit in small claims court or superior court for the amount owed.