RostriumRecruitment fee and GST calculator
Work out a placement invoice in seconds: the fee on the candidate’s annual CTC, GST on top, and what you actually receive after the client deducts TDS. Nothing is stored; the maths runs in your browser.
- Placement fee
- ₹49,980
- GST
- ₹8,996
- Invoice total
- ₹58,976
- TDS deducted by client
- − ₹4,998
- You actually receive
- ₹53,978
How it is calculated
- Placement fee = annual CTC × fee percentage. A common agency fee is 8.33% (one month of CTC), but fees vary by client and agreement.
- GST is charged on the fee. The standard rate for these services is 18%.
- Many clients deduct TDS on the fee (commonly 10%, on the fee excluding GST), so the cash you receive is the invoice total minus TDS.
This is an illustration, not tax advice. Rates and thresholds change, so confirm with your chartered accountant.
Rostrium creates placement invoices with GST handling inside the product. See what Rostrium does for recruitment agencies.