Goals & retirement
Gratuity Calculator
Changing jobs or retiring? Find out how much gratuity your employer will pay and how much of it is tax-free.
How this calculator works
Gratuity = Last basic + DA × 15 ÷ 26 × years of service for employers covered by the Payment of Gratuity Act. For others, 15 ÷ 30 is used.
Things to keep in mind
- Gratuity is usually paid after 5 years of continuous service.
- Up to ₹20 lakh of gratuity is tax-free for non-government employees.
- Invest your gratuity with a plan, for example through an SWP for monthly income.
FAQs
When am I eligible for gratuity?
Generally after 5 years of continuous service with the same employer. It is also paid on death or disability without the 5-year condition.
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