Gratuity Calculator
Calculate your gratuity payment based on years of service and last drawn salary. Get accurate gratuity calculations as per statutory requirements and company policies worldwide.
Gratuity Calculation Results
Calculation Breakdown:
About
Our Gratuity Calculator helps employees and employers calculate gratuity amounts based on service years and salary. Supports various gratuity formulas used globally.
Why Choose
Accurate calculations following legal requirements, support for multiple gratuity types, instant results with detailed breakdowns, and user-friendly interface.
Features
Statutory and company gratuity options, custom formula support, detailed calculation breakdown, mobile-responsive design, and easy-to-understand results.
Benefits
Plan your retirement finances, understand gratuity entitlements, verify employer calculations, and make informed career decisions with accurate projections.
Enter Details
Input your last drawn basic salary, years of service, and select the applicable gratuity type (statutory, company, or custom).
Calculate
Click calculate to get your gratuity amount using the selected formula. The calculation considers eligibility criteria automatically.
Review Results
View detailed breakdown including daily salary, eligible years, total days, and final gratuity amount with formula explanation.
Frequently Asked Questions – Gratuity Calculator
Gratuity is a lump sum payment made to employees as a token of appreciation for their service. Generally, employees with 5+ years of continuous service are eligible, though rules vary by country and company policy.
Statutory gratuity follows legal requirements (typically 15 days salary per year), while company gratuity is enhanced benefit offered by employers (often 30 days salary per year) above statutory minimums.
Gratuity = (Last drawn salary × Number of completed years × Applicable days) ÷ Working days per month. The formula varies based on the type of gratuity policy applicable.
Typically, basic salary plus dearness allowance is considered. Some companies include additional allowances. It’s the last drawn salary or average of last 10 months, whichever is higher in many cases.
Gratuity taxation varies by country. Many jurisdictions provide exemptions up to certain limits. Consult local tax authorities or financial advisors for specific tax implications in your region.