🎁 Gratuity Calculator

Calculate gratuity payout received upon retirement or job change.

Basic Salary + DA (Monthly)

₹

₹1,000₹10,00,000

Years of Service

150

Check Eligibility Now ⬅ More Calculators

Monthly Basic + DA₹50,000

Completed Years10 Years

Gratuity Payout Amount₹2,88,462

Income Tax ExemptionTax-Free up to ₹20 Lakhs

Gratuity Corpus - 100%

Deductions - 0%

Payment of Gratuity Act Rules

Gratuity is a retirement benefit paid to employees who have completed at least 5 years of continuous service. The formula is: Gratuity = (15 * Last Drawn Basic Salary * Years of Service) / 26.