What is the gratuity for a ₹60,000 salary after 15 years of service?
With a last drawn salary of ₹60,000 and 15 years of service, the gratuity payable is about ₹5,19,231.
What is a gratuity calculator?
Under the Payment of Gratuity Act, gratuity is calculated as (15 × last drawn monthly salary × years of service) / 26, applicable to organizations covered under the Act.