Gratuity Calculator
Calculate gratuity payable based on last drawn salary and years of service.
Details
Result
Gratuity Payable
โน2,88,462
Tax-free Limit
โน20,00,000
Taxable (if any)
โน0
Gratuity in India
Gratuity is payable under the Payment of Gratuity Act to employees who complete at least 5 years of continuous service. Formula: (Last drawn basic + DA) ร 15/26 ร years served. The maximum tax-free limit is โน20 lakh.
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