- Last basic + DA
- ₹75,000
- Years of service
- 15
- Gratuity
- ₹6,49,038
- If service is 15 years 7 months
- ₹6,92,308
- Tax-free part (private sector)
- ₹6,49,038
If your employer is not covered by the Act
Employers with fewer than 10 staff may use the 15/30 formula on completed years: ₹5,62,500 in this case.