Is 6 years of service enough to claim gratuity at ₹40,000 salary?
Based on these numbers, the gratuity payable works out to about ₹1,38,462.
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.