The observed values of the rate of change of the orbital and the spin periods
of pulsars are affected by different dynamical effects, for example, the
line-of-sight acceleration and the proper motion of the pulsar relative to the
sun. We explore these dynamical effects thoroughly and point out the drawbacks
of popular methods. We introduce a package, GalDynPsr', that evaluates different dynamical effects following traditional as well as improved methods based on the model of the Galactic potential provided in a publicly available package called galpy’. We argue that the improved methods introduced in this
paper should be used for pulsars located 1 kpc or farther away from the solar
system, especially when precise values of the rate of change of the periods are
required, e.g., while placing limits on alternative theories of gravity,
calculating the spin-down limit of the continuous gravitational waves emitted
from a rotationally deformed neutron star, understanding pulsar `death-line’,
etc. GalDynPsr is available online and open for contributions.

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