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Country Payroll Guide India
We deliver secure, compliant, accurate and touchless global payroll for India.
Key Facts
- Capital
- New Delhi
- Date format
- dd.mm.yyyy
- Currency
- Indian Rupee (INR)
- VAT
- the standard rate is 18%
Contributions
Employers
- Pension
- Pension - 12%
- Total Employment Cost
- Total Employment Cost - 12%
Employees
- Pension
- Pension - 12%
- Health Insurance
- Health Insurance - 4%
- Total Employee Cost
- Total Employee Cost - 16%
Minimum Wage
- Minimum Wage
- The minimum wage in India is 176 INR per day.
Payroll
- Payroll Cycle
- Monthly
- 13th Salary
Not required by law.
Income Tax
- Employee Income Tax (1)
- Up to 5,000,000 INR - 5%
- Employee Income Tax (2)
- 50M - 250M INR - 15%
- Employee Income Tax (3)
- 250M - 500M INR - 25%
- Employee Income Tax (4)
- Over 500M INR - 30%
Working Hours
- General Working Hours
Max 48 hours per week / 9 hours a day.
- Overtime
Paid double the standard wage.
Leave
- Paid Time Off
20 days per year.
- Public Holidays
8 public holidays.
- Sick Days
Up to 15 sick days per year.
- Maternity Leave
Up to 12 weeks.
- Paternity Leave
A male civil servant (including an apprentice, probationer) with less than two surviving children, may be granted Paternity Leave for a period of 15 days before or up to six months from the date of delivery of the child.
- Other Leave
Casual leave: up to 3 days a month / 6 days a year.
Termination
- Termination Process
No specifics, process according the labor contract signed.
- Notice Period
30 days.
- Severance Pay
15 day’s pay for each complete year of continuous service.
- Probation Period
3-6 months.
Visa
- Employment Visa
Employment Visas, also known as “E” Visas, are granted to foreigners going to India for employment.
