1. What is the UNDP Salary Calculator?

This calculator helps UNDP staff in Sri Lanka estimate their net pay by calculating deductions for income tax and EPF (Employees' Provident Fund) from their gross annual salary.

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 — Employees' Provident Fund contribution (8% of gross pay)

3. Understanding Salary Components

Income Tax Brackets (2023):

• 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 amounts above LKR 2,700,000

EPF: Mandatory 8% contribution from employee's salary to the provident fund.

4. Using the Calculator

Instructions: Enter your annual gross salary in LKR. The calculator will automatically compute your income tax, EPF contribution, and net pay.

5. Frequently Asked Questions (FAQ)

Q1: Are there other deductions not included in this calculator?
A: Yes, this calculator only includes income tax and EPF. Other deductions like ETF, insurance, or union fees may apply.

Q2: Is the tax calculation accurate for all UNDP staff?
A: This uses standard Sri Lankan tax rates. Special tax arrangements or exemptions should be verified with HR.

Q3: How often is EPF deducted?
A: EPF is typically deducted monthly (8% of monthly salary) but shown here as annual for consistency.

Q4: What's the difference between EPF and ETF?
A: EPF is employee contribution (8%), while ETF (3% of gross) is employer contribution not deducted from salary.

Q5: Are UNDP salaries tax-exempt?
A: No, UNDP staff in Sri Lanka are subject to local income tax laws unless specific exemptions apply.