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Gratuity Calculator

Calculate gratuity payable to an employee under the Indian Payment of Gratuity Act.

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Definition

What is a Gratuity Calculator

A Gratuity Calculator estimates the lump-sum amount payable to an employee on retirement, resignation or exit, based on the last drawn salary and total years of service under Indian gratuity rules.

Formula

Gratuity Formula

Gratuity = (15 × Last Drawn Salary × Years) ÷ 26

Last Drawn Salary = Basic + DA (monthly)
Years = completed years of service
26 = working days in a month (statutory basis)
Example

Gratuity Calculation Example

Last Drawn Salary₹50,000
Years of Service10 years
Formula(15 × 50000 × 10) ÷ 26
Gratuity Amount
≈ ₹2.88L
Why It Is Useful
01

Estimate your retirement benefit

02

Plan finances before leaving a job

03

Check eligibility at a glance

04

Understand how service years matter

Key Points

Eligibility usually after 5 years of service

Based on last drawn Basic + DA

Often tax-exempt up to a statutory limit

Paid on retirement, resignation or exit

Disclaimer

This is an estimate based on the standard formula for employees covered under the Payment of Gratuity Act. Actual gratuity may differ based on employer policy and statutory caps. Consult your HR or a professional for exact figures.

Frequently Asked Questions

Gratuity is a lump-sum benefit paid by an employer to an employee as a token of appreciation for long service, under the Payment of Gratuity Act.

Generally, an employee becomes eligible after completing 5 continuous years of service with an employer.

For covered employees, gratuity = (15 × last drawn salary × years of service) ÷ 26.

The last drawn salary typically includes Basic pay plus Dearness Allowance (DA).