Back to Tools
👔Live

Gratuity Calculator

Estimate gratuity payable under the Payment of Gratuity Act, 1972.

Formula: Gratuity = (15 × Last Salary × Years) / 26

Enter Details

Applicable for employees covered under the Payment of Gratuity Act, 1972 (5+ years of service).

₹1,00,000
15 years

Gratuity Payable

₹8.65 L

Last Salary (Basic+DA)₹1.00 L
Years of Service15 years
Formula(15 × Salary × Years) / 26

Tax exempt up to ₹20L for govt employees; ₹10L for private sector (under old law).

Advisor
AI FINANCIAL ASSISTANT
Need help?