Gratuity Calculator
Calculate your gratuity amount as per the Payment of Gratuity Act
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About Gratuity Calculation
Gratuity is calculated using the formula:
(15 × Last drawn salary × Years of service) ÷ 26
As per the Payment of Gratuity Act, 1972:
- Gratuity is payable when an employee completes 5 years of continuous service
- The maximum gratuity amount payable is ₹20 lakhs
- Basic salary includes basic pay and dearness allowance