Gratuity Calculator
Calculate gratuity amount using the 15/26 formula. See tax exemption under Section 10(10) with ₹20 lakh limit.
Gratuity Amount
₹2,88,462
Tax Exempt (max ₹20L)
₹2,88,462
Taxable Amount
₹0
Calculation
Gratuity = Last Drawn × 15/26 × Years
= ₹50,000 × 15/26 × 10
= ₹2,88,462