India Legal Standard

Notice Period Buyout Calculator

Exiting early? Calculate your estimated notice period recovery (shortfall) amount, including standard 18% GST.

Annual Salary

₹

Basic Salary: 40% of Gross

In India, notice period recoveries are legally calculated only on the Basic component, not full Gross CTC.

Total Notice (Days)

Days Served

Shortfall Days:60

Include 18% GSTEmployers usually charge 18% GST on notice term recovery under CBIC rules.

Total Estimated Buyout Amount

₹94,400

Payable to employer

Calculation Breakdown

Monthly Basic₹40,000

Daily Basic (÷ 30)₹1,333 / day

Shortfall (60 days)₹80,000

Base Recovery₹80,000

+ 18% GST₹14,400

Important Note:Some aggressive employers try to recover notice period against the "Gross" salary instead of "Basic". This is legally grey, but it happens. If your offer letter specifically mentions "Gross", toggle the switch in the input section.

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