Gratuity Calculator
Calculate gratuity under the Payment of Gratuity Act, 1972 — for covered & non-covered employees.
₹
Covered Employees
Under Payment of Gratuity Act (10+ employees)
₹72,115
FormulaBasic+DA × 15/26 × Years
Assumed Basic+DA₹25,000/mo
Tax Exempt (up to ₹20L)₹72,115
Taxable Amount₹0
Non-Covered Employees
Less than 10 employees / voluntary
₹62,500
FormulaBasic+DA × 15/30 × Years
Difference vs Act₹9,615
📋 Key Rules
- Minimum 5 years of continuous service required
- Tax-free up to ₹20 lakhs (Section 10(10) of Income Tax Act)
- Must be paid within 30 days of leaving
- 26 working days used (30 for non-covered) per month
- Applicable on resignation, retirement, death, or disability