Free tool
True cost of an Indian hire
Calculate the all-in cost — including employer PF, ESI, gratuity, insurance and statutory benefits.
Inputs
All-in employer cost
Base CTC₹18,00,000
Employer PF (12% of basic, capped)₹21,600
Employer ESI (3.25%, if applicable)₹0
Gratuity provision₹34,632
Group insurance₹24,000
Total annual cost
₹18,80,232
₹1,56,686 / month
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Run your next payroll on FastLegal Payroll.
Create a workspace, bootstrap the standard Indian defaults (leave types, salary structure, holidays for two years), add your first employee, and run May payroll — all before your evening chai.
- Workspace auto-bootstrapped on signup (leave types, salary structure, holidays)
- PF / ESI / PT / TDS computed every run — every cycle
- Employee + contractor portals included, no extra tier
- No credit card needed