Estimate only — applicable to employees covered under the Payment of Gratuity Act, 1972; amounts above Rs. 20 lakh may be taxable.
Disclaimer: This calculator provides an estimate based on the inputs and standard formulas. Actual returns/values may vary due to market conditions, compounding frequency, fees, taxes, and other factors. This is not financial, investment, or tax advice — please consult a qualified advisor before making financial decisions.
Gratuity Calculator
Gratuity is a lump-sum benefit paid by an employer to an employee as a token of appreciation for services rendered, typically upon retirement, resignation (after 5+ years of service), or death/disability. For organizations covered under the Payment of Gratuity Act, 1972, gratuity is calculated using a fixed formula based on your last drawn basic salary + DA and total years of service.