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$Payment of Gratuity Act No. 12 of 1983

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 No. 12 of 1983Ruleset: Statutory Formula100% Free • No Sign Up Required
Regional Rules ActiveCurrency: LKR (Rs.)

Sri Lanka Statutory Calculator

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Employment Service & Salary

Basic wage excluding non-fixed allowances
Rs.
Full completed years
yrs
Additional months
mos
Statutory Eligibility Confirmed
Eligible under Payment of Gratuity Act No. 12 of 1983 (5 completed years).

Estimated Statutory Gratuity

Eligible

Calculated based on 60 months of service

Estimated Payout
Rs. 250,000.00
Service Tenure
5y 0m
Governing Statute
Payment of Gratuity Act No. 12 of 1983
Statutory gratuity has concessional tax treatment under Section 8 of the Inland Revenue Act.

Calculation Breakdown

Summary in LKR

ComponentAmountShare
Last Drawn Monthly Basic Salary
Rs. 100,000.00Salary Basis
Completed Service Duration
5 yrs, 0 mos60 months
Statutory Eligibility Status
EligibleEligible under Payment of Gratuity Act No. 12 of 1983 (5 completed years).
Estimated Statutory Gratuity
Rs. 250,000.00Gratuity = Last Drawn Salary (100,000) × 0.5 × 5 Years = Rs. 250,000
Got Questions?

Frequently Asked Questions: Statutory Gratuity

Details on statutory criteria, tax exemptions, and payout formulas.

Gratuity = Last Drawn Salary (100,000) × 0.5 × 5 Years = Rs. 250,000

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