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Employment Benefits
Employment Benefits
Gratuity Calculator
Calculate your gratuity amount, tax-exempt portion under Section 10(10), and taxable gratuity — for both covered and non-covered employees.
Employment Type
₹
₹5.0K₹10.00 L
Yrs
5 Yrs50 Yrs
₹2.88 L
Gratuity Amount
₹2.88 L
Tax-Exempt
₹0
Taxable Gratuity
₹28.8K
Per Year Benefit
Gratuity Breakdown
Tax-Exempt₹2,88,462
| Particulars | Value |
|---|---|
| Last Drawn Monthly Salary (Basic + DA) | ₹50,000 |
| Years of Service (Input) | 10 Yrs |
| Effective Years (after rounding rule) | 10 Yrs |
| Formula Used | (15 × Salary × Years) / 26 |
| Gross Gratuity Amount | ₹2,88,462 |
| Tax-Exempt Gratuity (Sec 10(10)) | ₹2,88,462 |
| Maximum Exempt Limit | ₹20,00,000 |
| Taxable Gratuity | ₹0 |
| Effective Gratuity per Year of Service | ₹28,846 |
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Eligibility
Gratuity is payable to employees who have completed at least 5 continuous years of service (exception: death or disability).
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Rounding Rule
If the last year of service has more than 6 months, it is rounded up to the next full year for gratuity calculation.
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Tax Exemption
Maximum ₹20 lakh is exempt under Section 10(10) for private sector employees covered under the Payment of Gratuity Act.