Gratuity Calculatorग्रेच्युटी कैलकुलेटर
Calculate your gratuity payout, eligibility and tax exemption on retirement or exit from employment.
Employment Details
रोजगार विवरण
How Gratuity is Calculated
ग्रेच्युटी कैसे गणना होती है
Formula: (Basic + DA) × 15/26 × Years of service
15 days salary per completed year. 26 = working days/month.
Formula: (Basic + DA) × 15/30 × Years of service
½ month salary per year. 30 = calendar days/month.
Tax-free up to ₹20,00,000 for private sector employees. Govt employees: fully exempt. Amount above ₹20L is taxable at your slab rate.
Eligibility: Minimum 5 years of continuous service required (except death/disability cases). If last incomplete year ≥ 6 months, rounded up to full year.
| Scenario | परिदृश्य | Eligibility | पात्रता | Tax Treatment | कर |
|---|---|---|---|---|---|
| Resignation after 5 years | ✅ Eligible | Exempt up to ₹20L | |||
| Resignation before 5 years | ❌ Not eligible (Act-covered) | — | |||
| Retirement / Superannuation | ✅ Eligible | Exempt up to ₹20L | |||
| Death or Disability | ✅ Eligible (no min years) | Fully exempt | |||
| Retrenchment | ✅ Eligible | Exempt up to ₹20L | |||
| Government employees | ✅ Eligible | Fully exempt (no limit) |
⚖ Disclaimer
Gratuity is calculated as per the Payment of Gratuity Act, 1972. Tax exemption limits are as per Section 10(10) of the Income Tax Act. Results are estimates. Actual gratuity may differ based on employment contract, company policy, or court orders. Always verify with your HR department or a qualified CA before planning your exit. FinKit is not affiliated with the Ministry of Labour and Employment, India.
ग्रेच्युटी की गणना ग्रेच्युटी भुगतान अधिनियम 1972 के अनुसार है। परिणाम अनुमानित हैं। निकास की योजना बनाने से पहले HR या CA से परामर्श करें।