Gratuity Calculator India
Calculate your gratuity eligibility and amount based on your salary and years of service. Free online gratuity calculator for Indian employees.
About Gratuity Calculator
Estimate the gratuity amount you are entitled to after 5 years of service. Based on the Payment of Gratuity Act rules.
Frequently Asked Questions
When am I eligible?
You are generally eligible for gratuity after completing 5 continuous years of service.
What is the formula?
Gratuity = (15 × Last Drawn Salary × Tenure) / 26.
Why divide by 26?
Since there are 4 Sundays in a month, 26 is considered the number of working days.
Is gratuity taxable?
Gratuity is tax-free up to ₹20 Lakhs for government and covered private employees.
Does it depend on performance?
No, it is a statutory benefit based on tenure.
What if I die before 5 years?
In case of death or disablement, the 5-year rule is waived.
Is it free?
Yes.
Is it accurate?
It provides an estimate based on the standard formula.
Does it cover all companies?
It covers companies with 10+ employees generally.
Can I claim if I resign?
Yes, provided you served 5 years.