🎁

Gratuity Calculator

Calculate Your Gratuity Amount

Organizations with 10+ employees are covered (divisor: 26 days)

Gratuity Amount

₹3,17,308

Based on 11 years of service

Tax Exempt Amount

₹3,17,308

Max ₹20 Lakh exempt

Taxable Amount

₹0

Service Period

10y 6m

Counted as 11 years

Gratuity Formula

Gratuity = (Last Salary × 15 × Years of Service) ÷ 26

= (₹50,000 × 15 × 11) ÷ 26

= ₹3,17,308

Gratuity Rules

Eligibility: Min 5 years continuous service
Service Rounding: 6+ months = 1 year
Tax Exemption: Up to ₹20 Lakh
Payment Time: Within 30 days of eligibility
On Death: No minimum service required
On Disability: No minimum service required

* Gratuity is payable on retirement, resignation, death, or disablement after eligibility period

←Back to All Tools