🎁 Gratuity Calculator India
Calculate gratuity payable under the Payment of Gratuity Act, 1972. Includes tax exemption limit (₹20L), taxable portion, and eligibility check.
Employment Details
₹50,000
₹5K₹5L/month
Usually 0 for private sector employees
10 yrs
1 year40 years
0 months
011 months
Gratuity Amount
₹2,88,462
Formula Breakdown
(15 × ₹50,000 × 10) ÷ 26
Last Salary (Basic + DA)₹50,000/mo
Effective Service Years10 years
Divisor26 (working days/month)
Gratuity Payable₹2,88,462
Tax Treatment
Gross Gratuity₹2,88,462
Tax Exemption Limit₹20,00,000
Exempt Amount₹2,88,462
Taxable Gratuity₹0
✓ Fully exempt — within ₹20L limit
📋 Key Facts
- • Minimum 5 years continuous service required
- • Payable on resignation, retirement, death, or disability
- • Max tax-free limit: ₹20 lakhs (Budget 2023)
- • Private sector: divide by 26 (working days)
- • Govt sector: divide by 30 (calendar days)
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