Quick Summary: Notice Period Buyout

Under the New Labour Codes, your Full and Final (F&F) settlement must be paid within 2 working days of your exit. Per CBIC Circular 178/10/2022, no GST is applicable on notice period recovery (buyout) from employees. This tool calculates the exact basic salary liability for shortfall days.

How to use the Notice Period Buyout

  1. Enter notice period details

    Input the total mandatory notice period and the number of days you plan to serve.

  2. Provide gross & basic salary

    Enter your monthly gross and basic salary to determine the per-day shortfall rate.

  3. Calculate buyout liability

    Compute the exact amount you must pay or receive from your employer, excluding GST.

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Regulatory Disclaimer · FY 2026-27

Last verified May 2026

Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.

Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."

Consult a SEBI-registered IA or CA for personalised advice.

9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.