Gratuity Tax Exemption CalculatorFY 2026-27
Calculate exact tax-free Gratuity based on 15/26 formula and max ₹20L statutory limit.
Quick Summary: Gratuity Tax Exemption Calculator
Gratuity received by an employee is tax-exempt up to the lower of: 1) Actual gratuity received, 2) Statutory limit of ₹20 Lakh, or 3) Formula-based amount (15 days' salary for every completed year of service). This tool automates the math for both covered and non-covered employees under the Payment of Gratuity Act.
How to use the Gratuity Tax Exemption Calculator
- 1
Enter Last Drawn Salary
Input your Basic + DA (only the amount used for gratuity calculation).
- 2
Input Tenure
Enter the total number of years and months of continuous service.
- 3
Select Coverage Type
Indicate if you are covered under the 'Payment of Gratuity Act 1972'.
- 4
Review Exemption
See the exact tax-free portion and the remaining taxable gratuity amount.
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Regulatory Disclaimer · FY 2026-27
Last verified May 2026
Nature:Calculator platform and is NOT a SEBI-registered Investment Adviser. All calculations are indicative.
Risk:"Investments in securities market are subject to market risks. Read all related documents carefully before investing."
Consult a SEBI-registered IA or CA for personalised advice.
9 out of 10 traders in F&O incurred net losses (SEBI 2023). Tax estimates based on IT Act 2025. Trezoriq is not liable for financial decisions based on results.