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💰 Finance

Gratuity Calculator

Calculate the gratuity amount you are entitled to receive from your employer upon leaving your job. Based on the Payment of Gratuity Act.

Last reviewed: May 2026 Formula shown No signup required

Educational estimate. Calculator results are for planning and information only, not financial, tax, medical, legal, or engineering advice. Verify important decisions with official sources or a qualified professional.

Gratuity Calculator

Calculate your gratuity benefit

$
Yrs
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📐 Formula & Method

Gratuity Formula (Private Sector)

Gratuity = (15 * Last Drawn Salary * Years of Service) / 26

For employees covered under the Payment of Gratuity Act.

📋 How to Use

  1. 1

    Enter your last drawn monthly salary (Basic Salary + Dearness Allowance).

  2. 2

    Enter the total number of years you have worked with the employer.

  3. 3

    Note: Usually, a minimum of 5 years of continuous service is required.

  4. 4

    View your estimated gratuity amount.

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What is Gratuity and How is it Calculated?

Gratuity is a monetary benefit provided by an employer to an employee in recognition of their long-term service. In India, it is governed by the Payment of Gratuity Act, 1972.

To be eligible, an employee typically needs to complete at least five years of continuous service. The calculation uses 15 days of salary for every completed year of service, with a month considered as 26 working days.

🔬 Methodology & Accuracy

Formula: Uses the standard mathematical formula shown in the Formula & Method section above. All computations run client-side in your browser — no data is sent to our servers.

Data sources: Tax bands, contribution limits and regulatory rates are taken from official US (IRS, SSA) and UK (HMRC, gov.uk) publications for the current tax year, and updated when bands change.

Last reviewed: May 2026 · Accuracy: Results are precise to two decimal places using IEEE-754 double-precision arithmetic. Intended for educational and planning use only.

For informational purposes only. Results are estimates based on the inputs and formulas provided. For financial, tax, medical, or legal decisions, consult a qualified professional. Rates and regulations change — always verify current figures with official sources.

❓ Frequently Asked Questions

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