Gratuity Calculator
Enter Basic Salary, Direct Allowance and Tenure in years, to check Gratuity amount.
Gratuity Calculator Online
What is Gratuity?
Check below exactly what is Gratuity? and How to calculate Gratutiy and formula for calculating Gratuity amount.Gratuity is given to employee who has been working for 5 years or more or on his termination of employment, superannuation, retirement or resignation. Completion of continuous service of five years is not necessary where the termination of employment is due to death of disablement.
Time Limit for application to employer: Employee has to make an application in Form-I to his employer within 30 days from the date of gratuity becomes payable.
Gratuity Formula
Gratuity Formula: [ (Basic Pay + D.A) x 15 days x No. of years of service ] / 26
The Payment of Gratuity Act was passed by the Parliament of India on 21 August 1972 and it came in force from 16 September 1972.