Gratuity Calculator • Employee Benefit
Gratuity Calculator
Calculate your gratuity entitlement based on your salary and years of service. Understand your tax-free gratuity amount.
Organizations with 10+ employees are covered under the Payment of Gratuity Act
₹
₹10,000₹5L
Yrs
0 Years40 Years
Understanding Gratuity
What is Gratuity?
Gratuity is a lump sum benefit paid to employees as a token of appreciation for their long-term service. It's a statutory benefit under the Payment of Gratuity Act, 1972.
Eligibility Criteria
Minimum 5 years of continuous service is required. Gratuity is payable on resignation, retirement, death, or disablement. Years > 6 months are rounded up.
Tax Treatment
For government employees, gratuity is fully exempt from tax. For others, gratuity up to ₹20 lakhs is tax-free. Any amount exceeding this is taxable.