📅 Notice Period Calculator

Notice Period Buyout Calculator

Find out exactly how much to pay for early exit — or how much your employer owes you if they let you go early.


Days Still to Serve
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Buyout Amount to Pay
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Notice Period — Your Legal Rights in India

📋 Contract Terms
Notice period is governed by your employment contract, not just company policy. Read your offer letter carefully — courts enforce written contract terms.
💼 Buyout Formula
Standard buyout = (Basic Salary ÷ Working Days) × Remaining Days. Some companies use gross salary — check your contract for the specific formula they use.
⚖️ Waiver Options
Many companies waive notice period for mutual agreement or when a replacement is found quickly. Always negotiate before buying out — it often costs ₹0.
🏢 Garden Leave
If your company puts you on garden leave (asks you not to work but pays salary), the notice clock still ticks. Document everything in writing.

Notice Period FAQs

Can my company sue me for not serving notice?

Yes — they can file a civil suit for recovery of notice period pay or damages. However, this is rare for standard employees and more common for senior/specialized roles with specific clauses. Most cases are settled by withholding the full and final settlement.

Can I negotiate a shorter notice period?

Yes — most companies will negotiate. Offer to help with knowledge transfer and handover documentation. Finding your own replacement candidate also significantly increases your chance of early release.

Is notice period buy-out tax deductible?

Notice period recovery is a business expense and is taxable as income. If you pay buyout, it is not tax deductible for you personally. This is one reason to negotiate a waiver rather than paying.