Question 1

What is Kagaz?

Accepted Answer

Kagaz drafts Indian legal and business documents from a short form. You see the full draft before paying. No account is required.

Question 2

Do I need to create an account?

Accepted Answer

No. Kagaz does not have login or signup.

Question 3

Can I read the Full & Final Settlement Statement before paying?

Accepted Answer

Yes. The full Full & Final Settlement Statement is shown as a watermarked draft. Payment removes the watermark and emails the clean PDF.

Question 4

How much does a Full & Final Settlement Statement cost?

Accepted Answer

₹149.

Question 5

Is this legal advice?

Accepted Answer

This is a template, not legal advice.

Question 6

What is a full and final settlement (F&F) letter?

Accepted Answer

An itemised statement of everything owed to a departing employee — pending salary, unused leave encashment, gratuity if eligible, minus any notice-period recovery or other deductions — and the date it's paid.

Question 7

How soon must F&F be paid after the last working day?

Accepted Answer

Under Section 17(2) of the Code on Wages, 2019, in force since 21 November 2025, wages payable on removal, dismissal, retrenchment, resignation, or closure must be paid within two working days of that event. That two-day rule covers wages, not every F&F component — gratuity, where payable under the Code on Social Security, 2020, has its own (generally 30-day) timeline. See our explainer for what this changed from the older practice.

Full & Final Settlement Statement in Maharashtra