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Key Highlights:
Gratuity Calculator
Usage Instructions
Enter your details:
- Select your joining date using the date picker
- Select your exit date using the date picker
- Enter your monthly salary (Basic + DA) in the salary field
This Gratuity calculator follows the Indian Gratuity Act formula
G = n*b*15/26
Frequently Asked Questions
The calculator uses the standard gratuity formula:
G = n*b*15/26
where:
- G = Gratuity amount
- n = Number of years of service (rounded to nearest integer)
- b = Last drawn basic salary + dearness allowance
As per the Gratuity Act, an employee must have completed at least 5 years of continuous service to be eligible for gratuity.
The calculator calculates the exact number of days between joining and exit dates, converts it to years (dividing by 365), and then rounds to the nearest integer as per Gratuity Act.
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