Calculate your gratuity amount based on Payment of Gratuity Act, 1972. Get accurate results with tax implications.
Fill in your employment information
Fill in your salary and service details on the left, then click "Calculate Gratuity" to see your results.
Gratuity is a lump sum payment given by an employer to an employee as a token of gratitude for their service. The Gratuity Calculator by ToolsGen helps you estimate your gratuity amount based on your salary and years of service.
This calculator is especially useful for employees covered under the Payment of Gratuity Act, 1972 in India.
Gratuity is a retirement benefit provided by an employer to an employee. It's a gesture of appreciation for the employee's long-term service.
Key features:
Using the calculator is simple:
The gratuity formula is:
Gratuity = (Last Drawn Salary × 15 × Years of Service) / 26
Where:
To be eligible for gratuity:
Tax treatment varies:
✔ Instant and accurate calculations
✔ Helps in retirement planning
✔ Free to use
✔ User-friendly interface
This tool is useful for:
Find answers to common questions about our Gratuity Calculator
Gratuity is a lump sum payment given by an employer to an employee as a token of gratitude for their service.
The Gratuity Calculator by ToolsGen helps you estimate your gratuity amount based on your salary and years of service.
This calculator is especially useful for employees covered under the Payment of Gratuity Act, 1972 in India.
Gratuity is a retirement benefit provided by an employer to an employee. It's a gesture of appreciation for the employee's long-term service.
Key features:
Tax-free retirement benefit
Payable after 5 years of continuous service
Maximum 20 lakhs (as per current limit)
Governed by Payment of Gratuity Act
Using the calculator is simple:
Enter your last drawn salary
Enter your years of service
Click Calculate
View estimated gratuity amount
The gratuity formula is:
Gratuity = (Last Drawn Salary × 15 × Years of Service) / 26
Where:
Last Drawn Salary = Basic + Dearness Allowance
15 = Number of days (half a month)
26 = Working days in a month
To be eligible for gratuity:
Complete 5 years of continuous service
Superannuation (retirement)
Resignation (after 5 years)
Death or disablement
Tax treatment varies:
Government employees: Fully exempt from tax
Private employees: Least of: Actual gratuity, ₹20 lakh, or 15 days' salary × years of service
✔ Instant and accurate calculations
✔ Helps in retirement planning
✔ Free to use
✔ User-friendly interface
This tool is useful for:
Employees nearing retirement
HR professionals
Financial planners
Anyone planning for retirement
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