Gratuity Calculator
Calculate gratuity amount • Tax-free up to ₹20 Lakh
Gratuity Details
Enter your details
₹10K₹5L
050
Min 5 years required (for covered Act)
Gratuity Amount
Total Gratuity
₹2,88,462
After 10 years of service
Tax-Free Amount
₹2,88,462
Taxable
₹0
📊 Calculation Formula
💡 Gratuity Insight
✅ Your gratuity is fully tax-free as it's under ₹20 Lakh limit. Section 10(10) exemption!
❓ FAQs
Gratuity is a lump sum payment by employer to employee for long service (5+ years). Governed by Payment of Gratuity Act 1972.
For Covered Act: (Last Salary × 15 × Years) / 26
For Not Covered: (Last Salary × 15 × Years) / 30
Yes! Gratuity is tax-free up to ₹20 Lakh under Section 10(10) of Income Tax Act. Amount above ₹20L is taxable.
Eligible after 5 years of continuous service. Not applicable in case of death/disability (no minimum). Paid on retirement, resignation, or death.