Estimate your gratuity amount and understand the tax-exempt vs taxable split.
Gratuity calculation is based on the Payment of Gratuity Act, 1972. Consult HR for exact computation.
Based on a last drawn salary of ₹80,000 and 15 years of service, your estimated gratuity is ₹6,92,308. Out of this amount, ₹6,92,308 is tax-exempt and ₹0 is taxable.
Gratuity Amount
₹6,92,308
Formula: Salary × 15/26 × Years
Tax Exempt
₹6,92,308
Taxable
₹0
✓ Entire gratuity is tax-exempt
Used by calculators that reference global assumptions
RBI target: 4% · Historical avg: ~6% · Used by calculators that show "Value in Today's Money".
New regime (default from FY 2023-24): lower rates, fewer deductions.
Age doesn’t affect slab rates under the New Regime. Switch to Old Regime to configure.
Tax rules and slab rates are loaded from this assessment year's configuration.