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All Tools›Finance & Business›Full & Final Settlement Calculator

Full & Final Settlement Calculator

Calculate complete F&F settlement in one place

Finance & BusinessFREEYour data never leaves your browser

Net F&F Settlement

Rs 41,200

41.2 K

Service Period

4 yrs 11 mo

Total Earnings

+ Rs 41,200

Total Deductions

- Rs 0

EarningsDeductions

1. Basic Details

Rs
days

Total contractual notice (days)

days

Actual days served

days

Pending earned/privilege leave days

2. Monthly Salary Components

Rs
Rs
Rs
Rs

Basic + DA used for gratuity and leave encashment. Current Basic + DA = Rs 26,400

3. Deductions

Rs
Rs
Rs

4. Additional Info

Rs

Any performance bonus or gratuitous payment

ComponentAmountTax Status
Unpaid Salary
Rs 28,000—
Leave Encashment
Rs 13,200Tax-free (up to Rs 25L)
Gratuity
Rs 0Not eligible
Bonus / Ex-Gratia
Rs 0—
Total Earnings
Rs 41,200—
Notice Recovery
Rs 0—
Outstanding Loans
Rs 0—
Assets Not Returned
Rs 0—
Other Deductions
Rs 0—
Total Deductions
Rs 0—
Net SettlementRs 41,200

Unpaid Salary

Rs 28,000

14 days in last month

Leave Encashment

Rs 13,200

Fully tax-free

Gratuity

Rs 0

Min 5 yrs required

Notice Recovery

Rs 0

No recovery

Labour Code 2025 — F&F Rules

  • Employers must settle F&F within 2 working days of the last working day under the new Labour Codes.
  • Fixed-term contract employees are eligible for gratuity after 1 year of continuous service (down from 5 years for permanent employees under the Payment of Gratuity Act).
  • Leave encashment exemption limit is Rs 25 lakh (enhanced in Budget 2023, effective for all employees).
  • Gratuity exemption limit is Rs 20 lakh. Amount exceeding this is added to income and taxed per applicable slab.

How calculations work

Unpaid Salary = (Monthly Salary / 30) x Days Worked
Leave Encashment = (Basic + DA) / 30 x Leave Days
Gratuity (Act) = (15 x (Basic + DA) x Years) / 26
Gratuity (No Act) = (15 x (Basic + DA) x Years) / 30
Notice Recovery = (Monthly / 30) x Shortfall Days
Net = Earnings - Deductions - Notice Recovery

How to Use

1

Enter your basic details — salary, joining date, last working day

2

Add salary components — Basic, DA, HRA, and allowances

3

Enter any deductions — loans, notice shortfall, assets

4

View your complete F&F settlement with component-wise breakdown

Frequently Asked Questions

Under the new Labour Code 2025, employers must complete Full & Final Settlement within 2 working days of the employee's last working day. Delays can attract penalties.

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