ગ્રેચ્યુઇટી કેલ્ક્યુલેટર
તમારા પગાર અને સેવાના વર્ષોના આધારે ગ્રેચ્યુઇટી ગણો.
પાત્ર નથી
ગ્રેચ્યુઇટી માટે પાત્ર થવા ઓછામાં ઓછી 5 વર્ષની સતત સેવા પૂર્ણ કરવી જરૂરી છે.
ફોર્મ્યુલા
Gratuity = (15 × Last Drawn Salary × Years of Service) ÷ 26
ગ્રેચ્યુઇટી = (છેલ્લો પગાર × 15 × સેવાનાં વર્ષો) / 26
ગ્રેચ્યૂટી શું છે?
Gratuity is a lump-sum benefit paid by an employer to an employee as a token of appreciation for the services rendered. It is governed by the Payment of Gratuity Act, 1972 and is applicable to establishments with 10 or more employees.
The gratuity amount is calculated using the formula: (15 × Last Drawn Salary × Years of Service) ÷ 26. The last drawn salary includes basic salary and dearness allowance (DA). The number 15 represents 15 days' wages for each completed year of service, and 26 represents working days in a month.
Gratuity Eligibility
To be eligible for gratuity under the Act, an employee must meet the following conditions:
- Minimum 5 years of continuous service: The employee must have completed at least 4 years and 240 days (190 days for seasonal establishments) of continuous service.
- Applicable on: Retirement, resignation, death, or disablement.
- Exception: In case of death or disablement, the 5-year minimum service condition is waived.
- Maximum limit: The maximum gratuity payable under the Act is ₹25,00,000 (as revised in 2024). Any amount above this is taxable.
ટૅક્સ મુક્તિ
The tax treatment of gratuity depends on whether the employee is a government or private-sector employee:
- Actual gratuity received
- 15 days' salary for each completed year of service (based on last drawn salary)
- ₹25,00,000 (the current exemption limit)
- Actual gratuity received
- Half month's salary for each completed year of service (based on average salary of last 10 months)
- ₹25,00,000
Any amount exceeding the exempt limit is added to your taxable income and taxed at your applicable slab rate.
