Compute gratuity payable under the Payment of Gratuity Act, 1972, with the exempt and taxable portions under Section 10(10).
Your figures
Years
Months
Basis — Payment of Gratuity Act, 1972 & s. 10(10)
Formula (covered employee):15 / 26 × last monthly salary × completed years. A part-year of 6 months or more counts as a full year.
Eligibility: generally 5 years of continuous service (relaxed on death or disablement).
Tax exemption (s. 10(10)(ii)/(iii)): least of the gratuity received, the formula amount, and the ₹20,00,000 statutory ceiling. Government employees’ gratuity is fully exempt.
Disclaimer: This calculator is a free reference tool based on the provisions cited. Results are indicative and may not cover every special case, surcharge, cess or exemption applicable to your facts. Verify against the bare Act and the latest CBIC/CBDT notifications, and consult a professional before acting. In conformity with the ICAI Website Guidelines.
