Gratuity Calculator
Estimate the gratuity payable on leaving a job under the Payment of Gratuity Act, 1972 — based on your last salary and years of service.
Minimum 5 years of continuous service required to be eligible.
Gratuity up to ₹20 lakh is tax-exempt. Amounts above the statutory cap are taxable as per your slab.
Gratuity Payable
Who is eligible for gratuity?
Employees who complete at least 5 years of continuous service with an employer covered under the Payment of Gratuity Act.
What is the gratuity formula?
For covered employees: (15 / 26) × last drawn Basic+DA × years of service, with part-years above 6 months rounded up.
Is gratuity taxable?
Gratuity up to ₹20 lakh is exempt for private employees. Any amount above the cap is taxable as per your income slab.
Ready to Start Your
Business Journey?
Let our Chartered Accountants handle your registrations, taxation and compliance while you focus on building your business.