Currently, a tax-free gratuity up to Rs 10 lakh is applicable to formal sector workers leaving a job after five or more years of service, or at the time of superannuation. Gratuity calculation is ...

How is gratuity amount calculated? The number of years and the last-drawn basic salary of an employee are used to calculate the gratuity amount. If a company falls under the Payment of Gratuity Act of ...

Are you about to complete 5 years of continuous service in your organisation? Let's calculate how much gratuity you may get ...

Gratuity is a one-time payment made by your employer as a gesture of appreciation for your long-term service. As per the Payment of Gratuity Act, 1972, you are eligible if you have completed at least ...

How are service years counted for Gratuity? To get gratuity, you need 5 years of continuous service. Any service period of 6 months or more is counted as a full year. The number of years and the ...