Gratuity is a statutory benefit paid by employers to eligible employees under the Payment of Gratuity Act 1972. These scenarios show exact gratuity amounts for common salary and service year combinations, with eligibility status and tax treatment.
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- Gratuity — ₹30,000/month after 5 years — Amount: ₹86,538
- Gratuity — ₹30,000/month after 10 years — Amount: ₹1,73,077
- Gratuity — ₹50,000/month after 5 years — Amount: ₹1,44,231
- Gratuity — ₹50,000/month after 10 years — Amount: ₹2,88,462
- Gratuity — ₹50,000/month after 20 years — Amount: ₹5,76,923
- Gratuity — ₹75,000/month after 10 years — Amount: ₹4,32,692
- Gratuity — ₹1 Lakh/month after 5 years — Amount: ₹2,88,462
- Gratuity — ₹1 Lakh/month after 15 years — Amount: ₹8,65,385
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