Category: Finance Tools
Gratuity Calculator
Fast • Accurate • Free
Gratuity Amount
₹0.00
Monthly Salary Used
₹0.00
Years Considered
0
How Gratuity is Calculated
Gratuity is calculated using the formula:
Gratuity = (Last Salary × 15 × Years of Service) / 26
Here 26 represents working days in a month.
Example
Last Salary: ₹30,000
Years Worked: 8
Estimated Gratuity:₹1,38,461.54
FAQ
What is gratuity? Gratuity is a retirement benefit paid by employers to employees for long-term service.
Who is eligible? Employees who have completed at least 5 years of continuous service.
Is gratuity taxable? Gratuity received by employees may be tax-free up to certain limits under Indian tax laws.