Estimate your gratuity payout under the Payment of Gratuity Act, based on your last drawn salary and years of service.
Gratuity = (Last drawn Basic + DA) × 15/26 × Number of years of service
This applies to employees covered under the Payment of Gratuity Act, 1972 — generally organizations with 10 or more employees. Gratuity is payable after 5 years of continuous service (except in case of death or disability). The tax-exempt limit under Section 10(10) is currently ₹20,00,000 — any amount above this is taxable as salary income.
Actual gratuity rules can vary for organizations not covered under the Act (which may use a different formula, often 15/30). Verify with your HR department or a CA.