About this tool
Estimate a last working date and notice shortfall from the dates and notice terms entered. Review the calculation alongside the appointment letter and the employer’s agreed treatment of notice and buyout.
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server.
मुख्य इनपुट और नियंत्रण हिंदी में देखने के लिए ऊपर “🇮🇳 हिंदी में देखें” चुनें। गणना और फ़ाइल प्रोसेसिंग इसी ब्राउज़र टैब में होती है; टूल आपके इनपुट हमारी होस्टिंग पर नहीं भेजता।
Features
- Work with Total Contractual Notice Period (Days); Days Actually Served; Monthly Salary Base for Buyout (Basic or Gross) (₹).
- Review Contractual Notice; Served Days; Unserved Shortfall in the result breakdown.
Benefits
- Compare a proposed release date with the notice period.
- Keep shortfall days and the monetary estimate separate.
Who should use this tool?
- Employees discussing an exit date.
- HR staff reviewing a notice-period example.
How to use
- Complete the labelled fields for your scenario, including Total Contractual Notice Period (Days); Days Actually Served; Monthly Salary Base for Buyout (Basic or Gross) (₹). Use the units shown beside each field.
- Try the example labelled “90-Day Notice, 30 Days Served, ₹75,000 Base” if you want to check the workflow first.
- Select Calculate / Run Tool and review Notice Period Buyout Amount and Contractual Notice; Served Days.
- Check the assumptions and limitations below. Adjust a value to compare scenarios, then copy or download the result you need.
Try these worked examples
| Scenario | Example inputs | Example result |
|---|---|---|
| 90-Day Notice, 30 Days Served, ₹75,000 Base | Total Contractual Notice Period (Days): 90Days Actually Served: 30Monthly Salary Base for Buyout (Basic or Gross) (₹): 75000 | ₹1,50,000 (for 60 unserved days) |
| 60-Day Notice, 45 Days Served, ₹60,000 Base | Total Contractual Notice Period (Days): 60Days Actually Served: 45Monthly Salary Base for Buyout (Basic or Gross) (₹): 60000 | ₹30,000 (for 15 unserved days) |
Reference and processing
Standard Indian Employment Contract & CBIC Circular 178/10/2022-GST · Listed applicability: 2025-2026
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server.
FAQs
Does a calculated buyout amount override my contract?
The payable basis and treatment depend on the appointment terms and the employer’s agreement. The calculator does not amend the contract or establish an agreed release date.
Which inputs do I need for Notice Period Buyout & Last Working Day (LWD) Calculator?
Use Total Contractual Notice Period (Days); Days Actually Served; Monthly Salary Base for Buyout (Basic or Gross) (₹). The built-in examples show how those fields fit together.
What should I check before using this result?
Buyout calculation base (Basic vs Gross) depends on your specific appointment letter clause. Check current official rules and your own circumstances before making a filing or financial decision.
What happens to the information I enter?
Calculations and file processing run in this browser tab. The tool does not send working inputs or files to our hosting server. Tool favourites save only tool IDs in this browser. Sharing sends the tool link, not your working values or files.