Work out a job-exit settlement by combining final salary, notice pay, gratuity, leave encashment, and the tax on each part.
Why is gratuity not taxed like salary here?
Because gratuity has its own exemption route under section 10(10). The taxable part, if any, depends on the Act ceiling, the exemption ceiling, and what the employer actually paid.
Why is leave encashment not one flat rule?
Because section 10(10AA) splits the world three ways: government retirement cases, non-government retirement cases, and encashment while still in service. Those outcomes are materially different.
Why do you ask for salary already received this year?
Because the tax cost of a settlement depends on where it lands in your annual tax ladder. This page compares tax before and after the settlement inside the same financial year.
What is the disputed part on notice pay recovery?
Some payroll teams reduce taxable salary when they recover notice pay from the employee. Others treat the recovery as only a cash deduction with no tax relief. This page shows both readings because the practice is not uniform enough to hide the choice.
Does this replace your payslip or payroll sheet?
No. It is a check on the structure of the settlement and its tax treatment. Payroll may still have deductions or credits outside this page, such as bonus, reimbursement recovery, or loan balances.