Question: What Does PL Stand For In Finance?

What does PL stand for in law?

professional limited liability companyA limited liability partnership, or LLP, is incorporated and provides protection against personal liability for lawyers within the firm.

A professional limited liability company, commonly known as a PL, provides even more protection and options..

What is a pl in business?

The profit and loss (P&L) statement is a financial statement that summarizes the revenues, costs, and expenses incurred during a specified period, usually a fiscal quarter or year. … These records provide information about a company’s ability or inability to generate profit by increasing revenue, reducing costs, or both.

How is PL encashment calculated?

Below is the calculation:No. Of earned leaves Rita was eligible for = 45 X 25 = 1,125 days.She used 585 leaves over her service period.Leaves eligible for leave encashment = 1125 – 585 = 540 days (18 months)Average last 10 months basic + dearness allowance = Rs 25,000.

What does PL stands for?

AcronymDefinitionPLPlacePLPublic LawPLPublic LibraryPLPoland (top-level domain)125 more rows

What does Ito stand for in finance?

Inspection, Test, and Operation showing onlyInspection, Test, and Operation. showing only Business & Finance definitions (show all 49 definitions) Note: We have 93 other definitions for ITO in our Acronym Attic.

What is PL salary?

P.L. stands for Paid Leave. PL is encashable and could be carried over to next year. One (1) Paid Leave will be 1 day Basic Salary.

How is PL calculated?

If PL is 21 calendar days a yr., then it is suggestive that the calculation to be done as – (basic+d.a.)/30*no, of days to be encashed. 2. If PL is 21 working days a yr., then the calculation should be , (basic+d.a.)/26*no. of days to be encashed.

How many PL can be encashed?

PL can be accumulated maximum upto 240 days. So if the employee wants to sell his leave he can do so for 30 days once in four years. This can be availed at the time of applying for Leave Travel Concessions (LTC). Every 4 years u can encash 1 month salary ( 15 days for every 2 years) during your service.

What is PL in manufacturing?

PL stands for Production Line.

What does PL stand for in school?

Plenary Lecture. Program, Technology, Science. PL.