Understanding your retirement benefits is essential for long-term financial planning, and a Gratuity Calculator is one of the most useful tools to achieve this. Designed for private-sector employees in India, this tool helps you calculate the gratuity you are entitled to under the Payment of Gratuity Act 1972. Ashiana Housing’s Gratuity Calculator Online makes it simple, accurate, and accessible for employees across India.

What is a Gratuity Calculator?

A Gratuity Calculator is an online tool that calculates the gratuity amount payable to an employee based on their last drawn salary and number of years of service. Employees who have completed at least five years of continuous service are generally eligible for gratuity, though certain conditions such as disability or retirement due to injury may allow earlier eligibility.

By using a Gratuity Calculator India, you can instantly determine the benefit you’ll receive, helping you plan your retirement finances with confidence.

How Gratuity is Calculated

The formula used in the Gratuity Amount Calculation is:

G = n × b × 15 / 26

Where:

• n = Number of years of service
  
  

• b = Last drawn basic salary + Dearness Allowance (DA)
  
  

• 15 = Constant factor
  
  

• 26 = Total working days in a month
  
  

• G = Gratuity amount
  
  

Example: If your monthly salary including DA is ₹30,000 and you’ve worked for 5 years, the gratuity would be:

G = 5 × 30,000 × 15 / 26 = ₹86,538.46

Benefits of Using Ashiana Housing’s Gratuity Calculator

1. Instant Calculation – Get your gratuity amount in seconds without manual effort.
   
   

2. Accurate Results – Trust the calculator for precise gratuity computation based on the official formula.
   
   

3. Easy to Use – No technical expertise required; simply enter your last salary and tenure.
   
   

4. Accessible Anywhere – A Gratuity Calculator Online available for employees across India.
   
   

5. Financial Planning – Helps you plan retirement benefits and secure your future.

Gratuity Eligibility

To be eligible for gratuity under the Payment of Gratuity Act 1972:

• You must have completed at least five years of continuous service.
  
  

• You are eligible if near superannuation or under special conditions like disability.
  
  

• Fractions of years, like 17 years 6 months, are rounded off to the next year.

Gratuity Taxation

• Government employees: Gratuity is fully exempt from tax.
  
  

• Private-sector employees: Tax exemption is subject to limits, with a lifetime maximum of ₹20 lakh.

How to Use Ashiana Housing’s Gratuity Calculator

1. Gather your last drawn salary and years of service.
   
   

2. Enter the details into the Gratuity Calculator Online.
   
   

3. Instantly view your gratuity amount and plan your finances effectively.

Conclusion

Ashiana Housing’s Gratuity Calculator is an essential tool for employees seeking clarity on their retirement benefits. By providing accurate, quick, and user-friendly calculations, it simplifies the gratuity amount calculation process, enabling smarter financial planning. Whether you are nearing retirement or assessing your gratuity eligibility, this online tool ensures you have the information needed to secure your future with confidence.

Take control of your retirement planning today with Ashiana Housing’s Gratuity Calculator Online.