$Payment of Gratuity Act, 1972

Statutory Gratuity Calculator

Calculate your statutory end-of-service gratuity, redundancy pay, or severance based on service tenure and last drawn basic salary.

Verified Against Payment of Gratuity Act, 1972Ruleset: Statutory Formula100% Free • No Sign Up Required

Regional Rules ActiveCurrency: INR (₹)

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Last Drawn Monthly Basic SalaryBasic wage excluding non-fixed allowances

₹

Completed Years of ServiceFull completed years

yrs

Completed MonthsAdditional months

mos

Statutory Eligibility Confirmed

Eligible under Payment of Gratuity Act, 1972 (requires ≥ 5 completed continuous years of service).

Eligible

Calculated based on 60 months of service

Estimated Payout

₹144,230.77

Service Tenure

5y 0m

Governing Statute

Payment of Gratuity Act, 1972

Gratuity is tax-exempt up to ₹20 Lakhs under Section 10(10) of the Indian Income Tax Act.

Summary in INR

Component	Amount	Share
Last Drawn Monthly Basic Salary	₹50,000.00	Salary Basis
Completed Service Duration	5 yrs, 0 mos	60 months
Statutory Eligibility Status	Eligible	Eligible under Payment of Gratuity Act, 1972 (requires ≥ 5 completed continuous years of service).
Estimated Statutory Gratuity	₹144,230.77	Gratuity = (15 / 26) × Last Drawn Basic (50,000) × 5 Years = ₹144,231