Gratuity Calculator - Calculate Gratuity Amount
Calculate your gratuity amount as per the Payment of Gratuity Act, 1972. Find out how much gratuity you'll receive on retirement or resignation.
Employment Details
₹50,000
₹10K₹2L
10 Years
5 Years40 Years
Covered: Under Payment of Gratuity Act, 1972
📋 Eligibility
- ✓ Minimum 5 years of service required
- ✓ Maximum gratuity: ₹20 lakhs
- ✓ Tax-free up to ₹20 lakhs
Gratuity Amount
Total Gratuity
₹0
Tax Free
Last Salary₹50,000
Years of Service10 Years
Gratuity Amount₹0
💰 Tax Benefit
Gratuity up to ₹20 lakhs is completely tax-free under Income Tax Act.
About Gratuity Calculator
Gratuity is a lump sum payment made by an employer to an employee as a token of appreciation for services rendered. It is governed by the Payment of Gratuity Act, 1972.
Gratuity Calculation Formula:
For employees covered under the Act:
Gratuity = (Last Salary × Years of Service × 15) / 26
For employees not covered:
Gratuity = (Last Salary × Years of Service × 15) / 30
Key Points:
- Minimum 5 years of continuous service required
- Maximum gratuity amount is ₹20 lakhs
- Completely tax-free up to ₹20 lakhs
- Payable on retirement, resignation, death, or disability