What is Full & Final Settlement Calculator?
Full & Final Settlement Calculator helps you add final earnings, leave payments and deductions for a settlement estimate.
The main result is net full & final settlement. The formula, example and assumptions below explain how to interpret it.
How to use Full & Final Settlement Calculator
Use the example to get familiar with the form, then enter your own figures. Any rates in the example are illustrative. Check the field labels and units before calculating.
- Gather unpaid salary (₹), gross leave encashment (₹), gratuity / other entitlements (₹), approved reimbursements (₹), notice / loan / other recoveries (₹) and tax and statutory deductions (₹). Use values from the same situation or reporting period.
- Replace the example unpaid salary with your own value, then complete the other fields. Check the displayed units.
- Select Calculate and read net full & final settlement. Change one input and calculate again to compare a second scenario. Reset restores the original example.
- Enter unpaid salary in ₹, at least 0. Decimals are accepted.
- Enter gross leave encashment in ₹, at least 0. Decimals are accepted.
- Enter gratuity / other entitlements in ₹, at least 0. Decimals are accepted.
- Enter approved reimbursements in ₹, at least 0. Decimals are accepted.
- Enter notice / loan / other recoveries in ₹, at least 0. Decimals are accepted.
- Enter tax and statutory deductions in ₹, at least 0. Decimals are accepted.
Full & Final Settlement Calculator: a worked example
With the inputs below, the result is ₹1,35,000 (net full & final settlement). Follow the example, then replace these illustrative values with your own.
| Input or output | Example value |
|---|---|
| Unpaid salary (₹) | ₹30,000 |
| Gross leave encashment (₹) | ₹20,000 |
| Gratuity / other entitlements (₹) | ₹1,00,000 |
| Approved reimbursements (₹) | ₹5,000 |
| Notice / loan / other recoveries (₹) | ₹10,000 |
| Tax and statutory deductions (₹) | ₹10,000 |
| Net full & final settlement | ₹1,35,000 |
Understanding the Full & Final Settlement result
The main output is net full & final settlement, expressed in ₹. It applies to the inputs and operation you selected.
Displayed results use a readable number of decimal places. When checking a result by hand, keep extra precision until the last step. To compare scenarios, change one input at a time and keep the others fixed.
Full & Final Settlement Calculator: assumptions and common mistakes
A useful estimate starts with the right inputs. Check the following assumptions and limits before applying the result to your situation.
- CTC and take-home pay describe different amounts. Use the same month or year for all salary components.
For wider guidance, visit Employees’ Provident Fund Organisation. The formula and scope of this specific tool are stated on this page.
