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Notice period and buyout calculator

Find your last day, and what a notice buyout pays you after tax.

Your last day and your joining date

Your letter decides the basis; check which pay it names. Money sums are estimates, not tax advice; check with a CA.

1. Your last day

Your appointment letter. 0 to 365.

2. The buyout, if you leave early

Your letter's buyout is worked out on
lakh
Left empty, it uses the days short above.
%
31.2 is the 30% slab plus 4% cess.

Yearly pay divided by 12, times days, divided by 30. A letter that divides by 365 gives a slightly different amount: use its own sum. The notice lesson

Open step 12

Step 12, Resign and hand over, keeps these answers and goes on from here. Everything stays on this device.