1. What is UNDP Salary Calculation?

The UNDP Sri Lanka salary calculator helps determine net pay by accounting for Sri Lankan income tax rates and EPF (Employee Provident Fund) contributions. It's specifically tailored for UNDP staff in Sri Lanka.

2. How Does the Calculator Work?

The calculator uses the following formula:

Where:

• Gross Pay — Annual salary before deductions (LKR)
• Income Tax — Progressive tax based on Sri Lankan tax brackets
• EPF — 8% of gross pay for Employee Provident Fund

Tax Brackets:

• 6% for first LKR 1,200,000
• 12% for next LKR 500,000
• 18% for next LKR 500,000
• 24% for next LKR 500,000
• 30% for next LKR 500,000
• 36% for amounts above LKR 3,200,000

3. Understanding Salary Components

Details: The calculation includes mandatory deductions required by Sri Lankan law for UNDP staff, including progressive income tax and EPF contributions.

4. Using the Calculator

Tips: Enter your annual gross salary in LKR. The calculator will automatically compute income tax (based on progressive rates) and EPF (8% of gross pay).

5. Frequently Asked Questions (FAQ)

Q1: Are these tax rates specific to UNDP staff?
A: These are standard Sri Lankan income tax rates applicable to all employees, including UNDP staff.

Q2: Is the EPF rate fixed at 8%?
A: Yes, the Employee Provident Fund contribution is 8% of gross salary for UNDP staff in Sri Lanka.

Q3: Are there other deductions not included here?
A: This calculator includes only mandatory deductions. Other voluntary deductions may apply depending on individual circumstances.

Q4: How often should I calculate my net pay?
A: You should recalculate whenever your gross pay changes or when tax laws are updated.

Q5: Is this calculator official?
A: This is for estimation purposes only. For official salary calculations, consult UNDP HR department.