Gratuity Calculator (India)

This calculator gives an estimate under the Payment of Gratuity Act, 1972, using the standard 15/26 formula (or the 15/30 half-month-average formula for establishments not covered under the Act), and the ₹20 lakh lifetime tax exemption ceiling under Section 10(10)(ii) of the Income Tax Act. Fixed-term contract employees become eligible for pro-rata gratuity after 1 year of continuous service under the Code on Social Security, 2020. Actual payout can vary based on your specific salary structure, state rules, and any forfeiture clauses — speak to a compliance specialist for an exact figure.