Gratuity Calculator: Gratuity is a financial benefit paid by an employer to an employee as a token of appreciation for long-term service. To qualify, an employee must have completed at least five ...

Not eligible for gratuity — a minimum of 5 years of continuous service is required (waived in case of death or permanent disablement). Gratuity = Last Drawn Salary (Basic + DA) × 15 × Years of Service ...

If the revised salary had already taken effect and Rs 60,000 was the employee’s last-drawn wage when employment ended, the gratuity calculation would generally use the revised figure. Under the ...

Gratuity is calculated using the formula: Gratuity equals (Last Drawn Wages multiplied by 15 multiplied by Completed Years of Service) divided by 26. Most people know gratuity as a retirement benefit, ...

Since the new labour codes came into force on November 21, 2025, people have been asking how different salary components like overtime allowance, gratuity, bonuses, and retirement benefits fit into ...

Ahead of the 8th Pay Commission, several employee bodies and pensioners' associations have sought sweeping changes to gratuity rules, including a higher ceiling, revised calculation methods and ...