Calculate gratuity amount. Formula: (Basic/26) × 15 × Years. Max tax exemption: ₹20L.
Minimum 5 continuous years required for gratuity
Formula: (Basic / 26) × 15 × Years | Max tax exempt: ₹20,00,000
Payable under Payment of Gratuity Act 1972. Min 5 years service. Paid within 30 days of leaving.