Gratuity Calculator
The gratuity calculator is designed to determine the gratuity payable based on the monthly salary and the number of years of service.
What is the Gratuity Calculator?
The gratuity calculator is a free tool where you can estimate how much gratuity you will receive after five years of employment.
How to Use the Gratuity Calculator?
- Firstly, enter the monthly salary that includes the basic pay and dearness allowance.
- After that, select the number of years of service from the slider option. The minimum number of years can be 5, and the maximum can be 50.
- Now, click on the 'Calculate' button, and you can see the 'Gratuity Payable' result.
Gratuity Calculation Formula
| G = |
|
Where,
G = Gratuity amount,
n = Number of years of service,
b = Last drawn salary + Dearness allowance (D.A).