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Calculators FAQs

Our calculators provide instant results, while our FAQs offer expert guidance. Get quick calculations and in-depth explanations to empower your financial future.

Is the notice period included in the gratuity?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
Yes, the notice period is included in the calculation of gratuity payable to an employee.
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Is gratuity calculated only on basic salary?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
No, gratuity is not calculated only on the basic salary.
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Is 4 years and 7 months eligible for gratuity?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
No, an employee is eligible for gratuity only after completing at least 5 years of continuous service with an organisation, without any break.
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Are GST calculators compatible with international tax systems?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
No, GST calculators designed for Indian GST compliance are not compatible with international tax systems.
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Is there a maximum limit on the interest rate for marriage loans?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
There is no fixed maximum limit on the interest rate for marriage loans in India.
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What's the difference between CGST, SGST, and IGST calculations in the GST calculator?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
CGST, SGST, and IGST are the three types of GST levied on intrastate and interstate transactions in India.
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What's the difference between a fixed-rate and a variable-rate home renovation loan?

  • Posted:29th January, 2025
  • Updated:29th January, 2025
The main difference between fixed-rate and variable-rate home renovation loans is how the interest rate is determined over the loan's tenure.
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