SwiftCalc

Gratuity Calculator

Estimate gratuity amount payable to you under the Payment of Gratuity Act 1972.

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₹75,000
8 Years
Gratuity Act Coverage

Is your organization covered under the Payment of Gratuity Act?

Calculation Methodologies

If Covered: Gratuity is calculated based on 15 working days out of 26 days of the month. Formula: 15 * salary * tenure / 26. Six months or more of service are rounded up to the nearest year.

If Not Covered: Calculated on 15 working days out of 30 days of the month. Formula: 15 * salary * tenure / 30. Tenures are rounded down to the completed year.

Estimated Gratuity Pay

₹3,46,154

Based on 8 years of service

Payment EligibleYour tenure is eligible for payout. The company must release the gratuity payment within 30 days of resignation/retirement.

Payment Guidelines

  • Gratuity is completely tax-exempt for government employees.
  • For non-government employees, tax exemptions are capped up to a lifetime ceiling of ₹20,00,000 (FY 2025-26 rules).
  • The organization must employ at least 10 individuals to be covered under the Gratuity Act.
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