Disclaimer
These calculators are a reference tool, not tax or legal advice. Have an Indian chartered accountant review the figures before you pay salaries or file anything.
1. This is not tax or legal advice
Every calculation, explanation and document template on this site is general information. None of it is tax, legal, accounting or employment advice tailored to anyone's circumstances, and none of it substitutes for such advice.
Using this service creates no advisory or professional relationship between you and the operator. Indian tax and legal advice can only be given by professionals qualified in India.
2. Accuracy is not guaranteed
The calculation logic is implemented from published Indian legislation and circulars, but we do not warrant that it is free of error. The calculators assume a standard salary structure and ordinary facts. The following require individual judgement and can move the result materially:
- Perquisites — accommodation, car, driver, interest-free loans, ESOPs, children's education
- Previous-employer income for mid-year joiners (Form 122, formerly Form 12B), and month adjustments for leavers
- Relief under s.157(1) (formerly s.89(1)) for arrears (Form 39, formerly Form 10E)
- International Worker status and social security agreement coverage
- Company-specific pay policy, collective agreements and state minimum wages
- Tax treaty positions for non-residents and dual residents
3. The law changes
Indian income tax rates, the standard deduction and rebate thresholds are amended by the February Union Budget and the resulting Finance Act. EPFO and ESIC wage ceilings and rates, and state professional tax and labour welfare fund schedules, change at irregular intervals.
On 21 November 2025 the four labour codes came into force and changed the definition of wages. We aim to reflect such changes quickly, but there will be a gap between an amendment taking effect and it appearing here.
Where a financial year's rates are not yet enacted, the previous year's figures are carried forward and the screen says so. Those figures may change in the eventual Finance Act.
4. Check the as-of date
Every statutory constant carries its legal basis and an as-of date, usually the day the figure took effect. Each tool shows at the top the date its statutory rates are taken as of ("Statutory rates as of YYYY-MM-DD"). If you record a result or put it in a report, record that date with it.
The as-of date says when a figure took effect, not when it was last checked. If it is well in the past, the law may have moved in the meantime. Check the current position before relying on the figure.
5. Exchange rates are indicative
Converted amounts are calculated from reference rates obtained from a public exchange-rate API. They differ from the telegraphic transfer rate applied to an actual remittance, from the rate used in your books, and from any rate recognised for tax purposes.
If the external rate service cannot be reached, a built-in reference value is shown and flagged as such on screen. Do not use these figures directly in financial statements or for remittance.
6. Have it reviewed before you act
Please obtain review from an Indian chartered accountant, a lawyer, or your payroll provider before:
- paying salaries or finalising a salary structure;
- depositing TDS or filing the quarterly Form 138 (formerly Form 24Q);
- issuing the annual salary TDS certificate (Form 130, formerly Form 16, from tax year 2026-27; the old Form 16 still applies to FY 2025-26);
- settling gratuity, notice pay or other terminal dues;
- deciding whether an expatriate must join EPF or is exempt;
- restructuring pay to meet the new labour codes.
Decisions taken on the basis of these results remain entirely your own.
7. About the documents generated here
Payslips, board resolutions and similar documents produced by this service are generic examples. They do not reflect your articles of association, internal policies or the requirements of a particular matter. Anything that needs legal effect must be reviewed and adapted by a professional before use.
8. Found an error?
If you believe a calculation or an explanation is wrong, please write to us. Telling us which tool, which inputs and what result you saw makes verification much faster. We correct confirmed issues and update the as-of date.
Contact
Questions about this document, about how we handle data, or reports of an error in a calculation are welcome at the address below. We reply on business days.
Email: smlee@adullamcorp.com