Payment of Gratuity Act · ₹20L tax-free limit

Gratuity Calculator India 2026

Calculate your gratuity entitlement using the official Payment of Gratuity Act formula. See gross amount, tax-free portion, and net payout for private sector and government employees.

Employee Type

Last Drawn Basic Salary (Monthly ₹)

Basic + DA only. Exclude HRA and allowances.


Years of Service

Total Years of Service

years

Minimum 5 years required for eligibility

Gratuity Amount

₹2,01,923

Fully tax-free — within ₹20L limit


Formula

(15 × ₹50,000 × 7) / 26

Gross Gratuity

₹2,01,923

Tax-Free Amount (up to ₹20L)

₹2,01,923

Net Gratuity (In Hand)

₹2,01,923

Tax shown assumes 30% marginal rate on taxable portion. Actual tax may be lower depending on your income slab. Gratuity must be paid within 30 days of your last working day.

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What You Need to Know About Gratuity

Three facts that affect how much you actually receive.

5 years = the magic number

You must complete 5 continuous years of service to be eligible. If you leave at 4 years 11 months, you forfeit the entire gratuity. The exception: death or permanent disability — no minimum service required.

Tax-free up to ₹20 lakhs

Private employees receive a tax exemption under Section 10(10) on gratuity up to ₹20L. This limit was last revised in 2018. Government employees receive a 100% exemption with no upper limit.

4.81% of basic is in your CTC

Your employer accrues ~4.81% of your basic monthly as gratuity expense each month. It appears in CTC but you see it only at separation. Leaving before 5 years means the employer keeps it — not you.

Example: Basic ₹60,000/month, 8 years of service (private)

Gratuity = (15 × ₹60,000 × 8) / 26 = ₹2,76,923. This is well below the ₹20L tax-free limit, so you receive the entire ₹2,76,923 tax-free. If your basic was ₹2,00,000/month over 30 years, gratuity would be ₹34,61,538 — exceeding the ₹20L limit, making ₹14,61,538 taxable.

Gratuity Quick Reference — Years of Service

Gratuity at ₹50,000/month basic, private sector.

5 years of service

₹1,44,231

7 years of service

₹2,01,923

10 years of service

₹2,88,462

15 years of service

₹4,32,692

20 years of service

₹5,76,923

25 years of service

₹7,21,154

30 years of service

₹8,65,385

All amounts tax-free (below ₹20L limit at ₹50K basic)

Gratuity eligibility rules

Resignation after 5 years

Fully eligible

Retirement

Fully eligible

Termination (without misconduct)

Fully eligible

Death or disability

Eligible (no 5-yr rule)

Resignation before 5 years

Not eligible

Termination for misconduct

Can be forfeited

Frequently Asked Questions

Gratuity rules, tax, and eligibility explained

Gratuity = (15 × Last Drawn Basic Salary × Years of Service) / 26. The "15" is 15 days of wages, "26" is working days per month. Years of service is rounded: 4 years 6 months = 5 years. This formula applies to companies covered under the Payment of Gratuity Act (10+ employees).

Gratuity is tax-free up to ₹20 lakhs for private employees under Section 10(10). Any amount above ₹20L is taxable as salary. Government employees get a full exemption — the entire gratuity is tax-free regardless of the amount.

Yes. Any employee who has completed 5 or more continuous years of service is eligible for gratuity on resignation. In case of death or disability, there is no minimum service requirement.

Gratuity uses Basic + DA (Dearness Allowance). HRA, conveyance, medical, and special allowances are excluded. If your CTC has no separate DA component, use only the basic salary figure.

Yes. Most Indian employers show gratuity in CTC at ~4.81% of basic annually (15 × basic monthly / 26 = monthly gratuity accrual). But you only receive it at separation after 5+ years — it is not part of monthly pay.

Notice period and gratuity are separate calculations. You cannot use unpaid gratuity to offset notice period dues. Both are settled independently in your full & final settlement.

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Gratuity Calculator India 2026 — Private & Govt Employees | ResumeVera