What is the gratuity for a ₹1,00,000 salary after 15 years?
Based on these numbers, the gratuity payable works out to about ₹8,65,385.
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.