Core Full & Final Settlement Calculator
Employee details
Earnings
Deductions
Settlement Summary
| Component | Amount (₹) |
|---|---|
| Last Month Salary (Pro-rated) | 0 |
| Leave Encashment | 0 |
| Gratuity | 0 |
| Bonus / ex-gratia | 0 |
| Notice Pay Adjustment | 0 |
| PF Deduction | 0 |
| TDS | 0 |
| Other Deductions | 0 |
Net Settlement: ₹ 0
Formula Reference
Employee Exit Timeline
- Resignation submitted – Day 0
- Notice period – Day 1 to last working day
- Full & Final settlement – Typically within 45 days (India)
Settlement Rules by Country
| Country | Typical Rule |
|---|---|
| India | F&F within 45 days of separation |
| USA | Final paycheck varies by state (e.g. same day to next pay cycle) |
| UAE | End of service benefit; settlement as per labour law |
Embed Calculator
Use this code to embed the calculator on your site:
<iframe src="https://emicalculatorapp.com/full-final-settlement-calculator.html" width="100%" height="800" title="Full and Final Settlement Calculator"></iframe>
Example Case
Employee: Gross ₹50,000, Basic ₹22,000, 26 working days / 26 days worked, EL 15 days, DOJ 01 Nov 2020 to LWD 30 Apr 2026 (≈5 years 5 months → 5 gratuity years), notice fully served. Pro-rated salary ₹50,000 + Leave encashment (22,000÷26×15) ≈ ₹12,692 + Gratuity (22,000÷26×15×5) ≈ ₹63,462 ≈ ₹1,26,154 gross before PF/TDS/other.
What is Full and Final Settlement?
Full and Final (F&F) settlement is the total amount an employer pays when an employee leaves. It usually includes unpaid salary, leave encashment, gratuity (if eligible), bonus/incentives, minus deductions (tax, loans, notice shortfall).
When is F&F paid? In India, payment is typically made within 45 days of separation. Exact timelines can vary by company policy and location.
FAQ
- What is full and final settlement?
- It is the final payment made by the employer when an employee leaves, covering pending salary, leave encashment, gratuity (if applicable), and other dues minus deductions.
- How is F&F settlement calculated?
- Add pending salary, leave encashment, gratuity (after 5 years), bonus/incentives. Subtract notice period deduction (if any) and other deductions like tax or loan recovery.
- How many days does settlement take?
- In India, typically within 45 days of last working day. Companies may process earlier.
- What components are included in F&F?
- Pending salary, leave encashment, gratuity, bonus/incentives, and minus deductions (tax, loans, notice pay recovery).
Related Calculators
How to Use This Tool
Step 1 – Employee details: Enter date of joining, last working day, monthly gross, and basic salary. Gratuity uses DOJ & LWD to compute rounded years of service (6+ months after the last full year add one year).
Step 2 – Earnings: Days worked and working days in last month → pro-rated salary = (Gross ÷ working days) × days worked. Earned leave → encashment = (Basic ÷ 26) × EL days. Add bonus / ex-gratia if any.
Step 3 – Notice: Choose notice period in months (each month = 30 days for calculation). Choose whether notice was fully served, not served (full deduction), or partially served (50% deduction). Shortfall × daily gross rate is deducted; daily rate = Gross ÷ working days in last month.
Step 4 – Gratuity: Only if rounded service is 5+ years: (Basic ÷ 26) × 15 × rounded years.
Step 5 – Deductions: Enter PF, TDS, and other deductions separately.
Click Calculate Settlement to see the breakdown. Use Download CSV for a spreadsheet, Print / PDF to save as PDF, or Share on WhatsApp / Copy link to share. This tool gives an estimate; your actual F&F depends on company policy and local laws.