LEAVE FARE ASSISTANCE (LFA): Leave fare assistance (LFA) is an allowance in BYCO in which a sum of amount is kept in hold of the monthly salary and at the end of the year the company adds more amount in it and allows the employees for annual vacations by paying that total amount.
What is LFA stands for?
LFA
| Acronym | Definition |
|---|---|
| LFA | Lead Federal Agency |
| LFA | Lexus Future Advance (concept car) |
| LFA | Low Functioning Autism |
| LFA | Loving Female Authority |
What is LFA benefit?
An LFA is a management tool for effective planning and implementation of developmental projects. It provides clear, concise and systematic information about a project through a framework. We know about various components of a project such as goal, objectives, activities, results and indicators.
What is Gratuity Fund?
Gratuity is the monetary amount which is payable to the employee of an organisation under the Payment of Gratuity Act 1972. This is mainly paid to the employee as a token of appreciation for his/her services towards the company.
What does LFA stand for police?
Larceny from Automobile
LFA: Larceny from Automobile. MIC/MIP: Minor in Consumption/Possession [of alcohol]
What is meant by gratuity?
Gratuity is a lump sum amount paid by the employer to the employee as a token of appreciation for the services they have provided towards the company.
How many leaves are allowed in private company in Pakistan?
14 calendar days
Paid Vacation / Annual Leave An employee is entitled to 14 calendar days paid annual leave, after completion of 12 months of continuous service. (section 49-B of Factories Act).
What is LWF salary?
Labor Welfare Fund (LWF) is administered by the Ministry of Labor, government of India, in order to provide social security to unorganized labors. It is a deduction made from the employee’s wages as well as from the employer.
