Gratuity Calculator
Calculate your gratuity payout on retirement / resignation
Gratuity is paid by employers to employees who complete 5+ years of service. The formula depends on whether the organization is covered under the Payment of Gratuity Act, 1972. Gratuity up to ₹20L is tax-exempt under Section 10(10).
Employment Details
₹
₹5,000₹5,00,000
₹
₹0₹1,00,000
yrs
5 yrs40 yrs
Gratuity Summary
Monthly Basic + DA₹50,000
Years of Service10 years
Formula Used(Basic+DA) × 15/26 × Years
Gratuity Amount
₹2.88L
Tax Exempt Amount₹2,88,462
Taxable Amount₹0
Tax Saved (at 30% bracket)₹86,538
₹50,000 × 15 × 10 ÷ 26 = ₹2,88,462