- Last basic + DA
- ₹15,000
- Years of service
- 15
- Gratuity
- ₹1,29,808
- If service is 15 years 7 months
- ₹1,38,462
- Tax-free part (private sector)
- ₹1,29,808
If your employer is not covered by the Act
Employers with fewer than 10 staff may use the 15/30 formula on completed years: ₹1,12,500 in this case.