Gratuity is a monetary payment given by employers as a token of gratitude for services rendered. In India, employees are eligible for tax-free gratuity (capped up to ₹25 Lakhs) after completing 5 continuous years of service.
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/Gratuity Calculator (India)
Gratuity Calculator (India)
Calculate gratuity payout received from your employer upon leaving after 5+ years of service.
Gratuity Calculator (India)
Tax breakdown
What is a Gratuity Calculator (India)?
Calculate the gratuity amount you are eligible to receive from your employer upon retirement or completing five years of service.
How to Use This Calculator
- Enter your primary figure—such as your gross salary, product price, or target investment amount—into the base input field.
- Adjust the sliders or type numbers directly into the fields to specify parameters like interest rates and tenure duration.
- Enter any additional applicable values, such as tax-saving deductions, extra fees, or custom contribution percentages.
- Review the instant breakdown results, evaluate the visual compounding charts, and download the full breakdown as a PDF report.
Example Calculation: Income Tax Calculation Example
This table shows a realistic example calculation based on standard parameters. Enter your custom numbers in the sliders above to compare results.
| Parameter | Sample Value |
|---|---|
| Gross Annual Salary | ₹15,00,000 |
| Standard Deduction | ₹75,000 (New Regime) |
| Taxable Income Base | ₹14,25,000 |
| Tax Due (New Regime Slabs) | ₹1,30,000 |
| 4% Health & Education Cess | ₹5,200 |
Gratuity Rules & Calculations in India
Mathematical Formula:
Gratuity = (15 * Last Drawn Salary * Tenure) / 26 (Covered) or (15 * Last Drawn Salary * Tenure) / 30 (Not Covered)