- Last basic + DA
- ₹30,000
- Years of service
- 15
- Gratuity
- ₹2,59,615
- If service is 15 years 7 months
- ₹2,76,923
- Tax-free part (private sector)
- ₹2,59,615
If your employer is not covered by the Act
Employers with fewer than 10 staff may use the 15/30 formula on completed years: ₹2,25,000 in this case.