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Gratuity

Gratuity payable when you leave after 5 or more years of service, and the tax-free part.

What you enter

  • Last monthly basic salary + DA
  • Completed years of service
  • Extra months
  • Employer covered by the Payment of Gratuity Act?

How this is calculated

  • Covered by the Act: 15 × last salary × years ÷ 26.
  • Not covered: 15 × last salary × completed years ÷ 30.
  • Salary means basic + dearness allowance.

More in this category

◷ Retirement corpus✺ FIRE (financial independence)⇣ Safe withdrawal rate▥ EPF (Provident Fund)▦ NPS (National Pension System)◫ 401(k) / employer-matched plan

These calculators show illustrative outcomes only. Returns are not guaranteed. Tax rules and rates change; verify them before acting. Nothing here is financial, tax or legal advice.