- Last basic + DA
- ₹75,000
- Years of service
- 20
- Gratuity
- ₹8,65,385
- If service is 20 years 7 months
- ₹9,08,654
- Tax-free part (private sector)
- ₹8,65,385
If your employer is not covered by the Act
Employers with fewer than 10 staff may use the 15/30 formula on completed years: ₹7,50,000 in this case.