Use our free Gratuity Calculator to estimate gratuity amount as per the Payment of Gratuity Act, 1972. This calculator helps you:
Gratuity is calculated using the formula: (Last drawn basic salary + DA) × 15/26 × Years of service
Employees who have completed minimum 5 years of continuous service are eligible for gratuity.
Gratuity up to ₹20,00,000 is exempt from income tax under Section 10(10) of the Income Tax Act.
Service period of 6 months or more is considered as one full year, while period less than 6 months is ignored.