⚠️ Note: Rates and limits shown are indicative and based on rules at time of publishing. Government rates, tax slabs, and limits change periodically — please verify current figures from official sources before making financial decisions.
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Gratuity Calculator India – Payment of Gratuity Act
Calculate your gratuity amount as per the Payment of Gratuity Act, 1972. Applicable to employees who have completed 5+ years of continuous service.
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Gratuity Formula
Covered: Gratuity = (15 × Last Salary × Years) / 26 Not Covered: Gratuity = (15 × Last Salary × Years) / 30
An employee must complete 5 years of continuous service to be eligible for gratuity under the Payment of Gratuity Act, 1972, except in cases of death or disablement.
Gratuity received is tax-exempt up to ₹20 lakh for employees covered under the Gratuity Act. Any amount above this limit is taxable as per the employee's income tax slab.