India Gratuity Calculator
India Gratuity
Free gratuity calculator for India
₹
Formula
Gratuity = Years × Last Salary × 15 / 26 (max ₹20,00,000 tax-free)
Frequently Asked Questions
How is gratuity calculated in India?
Gratuity = (Years of service × Last drawn salary × 15) / 26. Minimum 5 years of service required. Tax exemption up to ₹20 lakh.
Is gratuity taxable?
Gratuity is tax-free up to ₹20,00,000. Any amount above this limit is taxable as per your income tax slab.
You may also need
$
Tax Calculator
Free income tax calculator. Estimate your federal and state income tax for the current year. See your effective tax rate and tax bracket.
Finance$
Salary Calculator
Free salary calculator. Convert between hourly, weekly, monthly, and annual pay. Estimate take-home pay after taxes.
Finance