Calculate your gratuity amount instantly based on last drawn salary and years of continuous service.
Your gratuity of ₹2,88,462 is fully tax-free (under ₹20 lakh limit)
Gratuity is a lump sum amount paid by an employer to an employee as a token of appreciation for the services rendered during the period of employment. It is governed by the Payment of Gratuity Act, 1972 in India.
Gratuity is payable when an employee leaves the organization after completing at least 5 years of continuous service due to retirement, resignation, death, or disability.
For Employees Covered Under Gratuity Act:
Gratuity = (15 × Last Drawn Salary × Years of Service) ÷ 26
For Employees NOT Covered Under Gratuity Act:
Gratuity = (15 × Last Drawn Salary × Years of Service) ÷ 30
Note: "Last Drawn Salary" means Basic Salary + Dearness Allowance
Last Drawn Salary: ₹50,000
Years of Service: 10 years
Formula: (15 × 50,000 × 10) ÷ 26
Gratuity Amount: ₹2,88,462
| Employee Category | Tax-Free Limit |
|---|---|
| Government Employees | Fully exempt (no limit) |
| Employees Covered under Gratuity Act | Up to ₹20,00,000 |
| Other Employees | Least of: Actual gratuity, ₹20 lakh, or 15 days salary × years |
The maximum gratuity payable under the Payment of Gratuity Act is ₹20,00,000 (Twenty Lakh Rupees). Any amount above this is subject to employer's discretion and may be taxable.
Ragenaizer HRMS automatically tracks employee tenure and calculates gratuity liability. Generate compliant payouts and ensure proper provisioning.
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