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Severance Pay Calculator

Calculate your full severance package — gratuity, notice pay, and leave encashment combined — from your basic pay, years of service, and notice pay amount.

How to Use Severance Pay Calculator
  1. 1Enter your monthly basic pay and years of service
  2. 2Enter your notice pay amount and unused leave days
  3. 3Click Calculate to see your total severance package broken down by component
Frequently Asked Questions

Gratuity (based on basic pay and years of service), the notice pay amount you enter, and leave encashment (based on your unused leave days and basic pay) — combined into one total exit figure.

That tool calculates only the notice-period buyout for unserved notice days. This calculator covers the full exit package — gratuity and leave encashment as well as notice pay — for a complete picture of what you'd receive when leaving.

Gratuity is tax-exempt up to a statutory ceiling; amounts above that ceiling are taxable — check the current ceiling since it can be revised by government notification.

Tax treatment of leave encashment differs for amounts received during employment versus at retirement/resignation, and government versus private-sector employees are treated differently — confirm your specific tax treatment with a tax advisor for your situation.

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