Compliance Pack
Full and final settlement on exit: wages, leave, gratuity, PF
- When someone leaves, the Code on Wages now says their wages must be paid within two working days.
- Deadline: Wages within two working days of the last working day; gratuity within 30 days of becoming payable
- Done in 1 working day after exit data (to meet the two working day rule)
- Prepared by your Savvy, checked by a CA
- Resignation or termination letter
- What is the exact last working day?
- Collect exit data and clearances before the last working day
- Itemised F&F statement
Full and final settlement on exit…
Wages within two working days of…
- IWhat we need from you7 documents
- DQuestions for you5 questions
- FForms6 steps
- DWhat you getItemised F&F statement
Answer in brief
When someone leaves, the Code on Wages now says their wages must be paid within two working days. We compute the final salary, leave encashment, gratuity, permitted deductions and tax, prepare a clear statement, and close PF on the EPFO portal.
Every paid answer is checked by a CA. Free AI answers are labelled until a CA verifies them.
From the official sources
What the law says, and what trips people up
From the official portal's manuals and FAQs, with the source for each point.
A Savvy walks you through the law and the portal for your exact case.
IDFD
How we solve it: 4 steps
Every line tracked live.
Step 1 of 4 · What we need from you
Tap each one you already have
- Resignation or termination letter
- Last working day
- Salary structure and attendance
- Leave balance
- Date of joining and contract type
- Advances, loans, unreturned assetsOptional
- UAN and exit reason
Connect now
A Savvy replies in minutes.
Fixed price before you pay. Your Savvy is paid only after you accept the work.
Answers on this topic
- Vivad se Vishwas: when the government offers an exitVivad se Vishwas (literally "from dispute to trust") is a settlement scheme where taxpayers with pending appeals can settle by paying a percentage of the disputed tax…
- PPF: 15-Year Lock-in, Partial Withdrawal, Extension, LoanThe safest investment in India. Government guarantee. Tax-free interest. EEE status, exempt at investment, exempt during growth, exempt at maturity. But the 15-year lo…
- EPF: Contribution, Interest Taxability, EEE StatusEPF is India's most widely used retirement instrument, but with a critical tax trap from Budget 2021. EPF interest on employee contribution above ₹2.5L/year is now tax…
- Job Switch Complete Checklist: Tax and Financial Action ListA job switch triggers 12 separate financial and tax actions. Most people only negotiate the new salary. They miss: Form 122 (old Form 12B) to new employer, PF transfer…
- EPF and PPF nominations: Form 2 is criticalEPF nomination is done through Form 2, filed with the employer on joining. If married, spouse and children must be nominated. Parents can be nominees only if no spouse…
Pay and start
₹1,999
₹1,999 + ₹359.82 GST = ₹2,358.82
On exit. Delivered in 1 working day after exit data (to meet the two working day rule). Due: Wages within two working days of the last working day; gratuity within 30 days of becoming payable
- Every paid answer checked by a CA
- Fixed price before you pay
- Track every step live
- Updates on WhatsApp and in your dashboard