AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 185 Topic 19 Discussion

AAFM Chartered Wealth Manager (CWM) Global Examination GLO_CWM_LVL_1 Question # 185 Topic 19 Discussion

GLO_CWM_LVL_1 Exam Topic 19 Question 185 Discussion:
Question #: 185
Topic #: 19

Vinod joined on 01/01/90 in ABC Ltd. and retired on 01/01/2007.Employee paid leave encashment of Rs. 4,00,000/-. His last drawn salary is Rs. 25000/-. His last 10 months average salary is 23500/-. He availed 150 days leave during the service. What will be his taxable leave salary amount?


A.

4,00,000


B.

2,35,000


C.

2,82,000


D.

1,65,000


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