Leave / Per Day Salary Payout Calculator

Leave Salary Payout Calculator: Calculate LOP & Per Day Salary

The Leave Salary Payout Calculator is a specialized tool designed to help Indian employees calculate the exact financial impact of unpaid leaves (Loss of Pay) on their monthly paycheck. By determining your Per Day Salary, this tool provides a precise breakdown of how much will be deducted from your net payout based on your CTC and working days.

How to Use Leave Salary Calculator

Calculating your leave deduction can be tricky because companies calculate “Per Day” rates differently. We have designed this tool to handle the most common payroll structures in India.

1. Enter Total Monthly CTC: Input your full monthly “Cost to Company” or Gross Salary.
2. Set Working Days: By default, most Indian companies use 26 days (excluding Sundays) or 30 days (calendar month) to calculate daily rates. Adjust this to match your company’s policy.
3. Enter Leave Days: Input the number of unpaid leaves (LOP) you have taken. You can use decimals (e.g., 1.5 days) for half-day leaves.
4. Select Basic Salary %: This is crucial. Under the new Code on Wages (India), Basic Salary is often pegged at 50% of CTC. However, some companies use 40%. Select the percentage that matches your salary slip structure.

What is Per Day Salary Calculation?

Your “Per Day Salary” is the base rate used by HR to calculate deductions for unapproved or unpaid leaves. It is not always as simple as dividing your take-home pay by 30.

In India, payroll software typically calculates the daily rate using one of two formulas:

1. The Standard Formula (Fixed Days):$$Per Day Rate = \frac{Monthly Salary}{26 (Fixed Working Days)}$$
2. The Calendar Day Formula:$$Per Day Rate = \frac{Monthly Salary}{Total Days in Month (30 or 31)}$$

Our calculator allows you to adjust the “Working Days” input so you can match the specific formula your HR department uses.

Why Does “Basic Salary Percentage” Matter?

You will notice our calculator asks for a “Basic Salary Percentage.” This is what makes our tool more accurate than generic calculators.

When money is deducted for Loss of Pay (LOP), many companies calculate the deduction based only on the Basic Salary component, not the entire Gross Salary (which includes HRA, Special Allowance, etc.).

• Scenario A: If your company deducts on Gross, the deduction is higher.
• Scenario B: If your company deducts on Basic, the deduction is lower.

By default, this calculator assumes the deduction is based on the Basic component, which is standard practice in many large organizations.

Examples: How LOP Impacts Your Payout

Let’s look at two scenarios to understand how a few days off can impact your wallet.

Scenario 1: The Junior Developer (Arjun)

Arjun has a monthly CTC of ₹30,000. He takes 2 days of unpaid sick leave. His company considers 26 working days.

• Basic Salary (50%): ₹15,000
• Per Day Rate: ₹15,000 / 26 = ₹577
• Total Deduction: ₹577 × 2 = ₹1,154
• Net Payout: ₹30,000 – ₹1,154 = ₹28,846

Scenario 2: The Senior Manager (Priya)

Priya has a monthly CTC of ₹1,00,000. She takes 5 days of unpaid leave for a vacation.

• Basic Salary (50%): ₹50,000
• Per Day Rate: ₹50,000 / 26 = ₹1,923
• Total Deduction: ₹1,923 × 5 = ₹9,615
• Net Payout: ₹1,00,000 – ₹9,615 = ₹90,385

Key Features of Planmyreturns LOP Calculator

• Customizable Basic %: Choose between 40%, 50%, 60%, or a custom percentage to match your specific offer letter.
• CSV Export: Need to present this calculation to HR or keep it for your records? Click “Download CSV” to get a detailed file.
• Shareable Plans: If you are discussing salary deductions with a colleague, use the “Share Plan” button to send them the exact calculation link.
• Privacy Protected: All calculations happen in your browser. We do not store your salary data.

Frequently Asked Questions (FAQs)