Gratuity is an amount payable by an employer to any employee who has completed a minimum of 5 years of service with the employer. The factors considered for gratuity calculation in India are the last drawn basic salary of the employee, dearness allowance and the number of years of service.
Given below is a gratuity calculator to find the gratuity amount collectable by an employee at the time of his retirement.
Disclaimer: While all efforts are made to provide accurate results, this online gratuity calculator should only be used as an indicator. Your net gratuity amount may differ depending upon other factors in your income. Kindly talk to your advisor for more details.