- Last basic + DA
- ₹50,000
- Years of service
- 10
- Gratuity
- ₹2,88,462
- If service is 10 years 7 months
- ₹3,17,308
- Tax-free part (private sector)
- ₹2,88,462
If your employer is not covered by the Act
Employers with fewer than 10 staff may use the 15/30 formula on completed years: ₹2,50,000 in this case.