About Gratuity Calculator
Gratuity is a retirement benefit paid by employers to employees who have completed at least 5 years of continuous service. It's calculated as (Last drawn salary × 15/26) × Years of service.
Note: Gratuity is payable only after 5 years of continuous service
Formula: (Last drawn salary × 15/26) × Completed years of service
Gratuity is a retirement benefit paid by employers to employees who have completed at least 5 years of continuous service. It's calculated as (Last drawn salary × 15/26) × Years of service.