VCULP
Calculate your gratuity payout as per the Payment of Gratuity Act, 1972. Instant estimate based on last drawn salary and years of service.
Estimated gratuity payable to you
Basic + DA considered
Total employment tenure
Tax-free up to ₹20 Lakh
Amount above exemption limit
Based on last drawn salary and total service period
Total payable gratuity
Up to ₹20 Lakh limit
Basic + DA (last drawn)
Rounded service tenure
You must have completed at least 5 continuous years of service with the same employer to be eligible for gratuity.
For covered employees: (15 × Last Salary × Years) ÷ 26. For non-covered: (15 × Last Salary × Years) ÷ 30.
Gratuity up to ₹20 Lakh is fully tax-exempt under Section 10(10) of the Income Tax Act for covered employees.
Gratuity is a retirement benefit paid by an employer to an employee for long and meritorious service. It is governed by the Payment of Gratuity Act, 1972 in India.
Any employee who has completed 5 or more years of continuous service with an employer is eligible for gratuity — on resignation, retirement, death, or disablement.
Gratuity is payable upon retirement, resignation after 5 years, death or disablement due to accident or illness, and must be paid within 30 days by the employer.
Talk to a VCULP advisor to understand how gratuity, PF, NPS and other retirement benefits work together for a secure financial future.