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GST

Payment of Gratuity Act

Gratuity Calculator

Statutory gratuity for 5+ years of continuous service — (salary × 15 × years) / 26.

Formula

Gratuity = (Last drawn salary × 15 × completed years) / 26.

About this calculator

The Payment of Gratuity Act, 1972 covers shops and establishments with 10 or more employees.