Salary & Payroll

    Gratuity Calculator

    Calculate the gratuity payable to an employee under the Payment of Gratuity Act, 1972 — with 5-year eligibility check.

    Inputs
    yrs
    Result
    Gratuity Payable
    ₹2,88,462
    • Formula-based Gratuity₹2,88,462
    • Statutory Cap₹20,00,000
    • Eligible?Yes

    You are eligible for gratuity of ₹2,88,462.

    Step-by-step calculation
    1. Divisor: 26 (covered)
    2. Gratuity = 15 × Salary × Years / 26 = ₹2,88,462
    3. Capped at ₹20 lakh: ₹2,88,462
    How this is calculated
    Gratuity = (15 × Last Salary × Years of Service) / 26 (capped at ₹20 lakh)
    Written by Taxpex CA Team
    Chartered Accountants (ICAI) · Reviewed by Taxpex Editorial Board
    Last updated 10 Nov 2025
    When to use this

    Is this the right calculator for you?

    • Estimating retirement / resignation gratuity payout.
    • Employer planning gratuity provision under AS 15 / Ind AS 19.
    • Modelling early-exit vs 5-year completion (huge difference — 4 yrs 11 mo pays nothing).
    Overview

    Understanding the Gratuity

    Gratuity is a lump-sum retirement benefit payable under the Payment of Gratuity Act, 1972 to employees who complete 5+ years of continuous service (relaxed to <5 in case of death/disability). The formula is: Last drawn basic + DA × 15 × Years of service / 26. Employers with 10+ employees are covered; benefit is capped at ₹20 lakh tax-exempt as per Section 10(10) — anything above is taxed at slab.

    For non-covered employees, the formula uses 30 days instead of 26. This calculator applies both formulae and shows the tax-exempt portion vs taxable excess, letting employees plan their exit and employers budget the liability.

    Worked examples

    Real-world scenarios, step-by-step

    Basic ₹80,000, 15 years service

    Senior manager exits after 15 years at a covered establishment.

    • Gratuity = 80,000 × 15 × 15 / 26 = ₹6,92,307
    • Fully within ₹20 L exemption — no tax
    ₹6.92 L (tax-free).
    Rates & reference

    Gratuity taxation (Section 10(10))

    Employee typeFormulaTax-exempt limit
    Government employeeN/AFully exempt
    Covered by Gratuity Act15 × last salary × yrs / 26Min of formula / actual / ₹20 L
    Not covered by Gratuity Act15 × avg 10-mo salary × yrs / 30Min of formula / actual / ₹20 L
    Pro tips

    Common mistakes to avoid

    Resigning at 4 years 6 months — no gratuity (5-year rule strict except death).

    Assuming ₹20 L cap is per employer — it's lifetime aggregate.

    Confusing basic + DA (correct) with gross salary (incorrect) in the formula.

    Need a CA to review your numbers? Book a free consult — we'll double-check within 24 hours.

    CA insights

    Expert tips from senior CAs

    • Push resignation past 5-year mark — even one day matters (240 days = 1 year in final year).

    • Retain Form F (nomination) — critical for legal-heir claim.

    Frequently asked questions

    Who is eligible for gratuity?+

    Any employee who completes 5 years of continuous service in an establishment covered under the Act. The 5-year rule is waived on death/disability.

    Is gratuity taxable?+

    For covered employees, up to ₹20 lakh is exempt under Section 10(10). Excess is taxable.

    Keep exploring

    Explore topics

    People also ask

    Who is eligible for gratuity?+

    Any employee who completes 5 years of continuous service in an establishment covered under the Act. The 5-year rule is waived on death/disability.

    via Gratuity Calculator
    Is gratuity taxable?+

    For covered employees, up to ₹20 lakh is exempt under Section 10(10). Excess is taxable.

    via Gratuity Calculator
    Does the calculator include the annual bonus?+

    The bonus / variable pay is shown separately since it is typically paid annually, not monthly.

    via In-Hand Salary Calculator

    Cite this page

    This dataset is free to reference in articles, research and reports. Attribution to Taxpex Consultancy is all we ask. Data last verified 31 July 2026.

    Citation (APA)
    Taxpex Consultancy. (2026). Gratuity Calculator — Taxpex. Retrieved from https://taxpex.com/tools/salary-payroll/gratuity-calculator
    HTML link
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