Guides

How to calculate gratuity in 2026

The formula, the new definition of wages under the Labour Codes, who is eligible — including fixed-term staff — and a calculator.

Gratuity is a lump sum an employer pays when an employee leaves after long service. Since the four Labour Codes came into force on 21 November 2025, gratuity is governed by the Code on Social Security, 2020 (replacing the Payment of Gratuity Act, 1972) — and two changes matter for most employers: a new definition of wages, and eligibility after one year for fixed-term employees.

The gratuity formula

Gratuity = last drawn monthly wages × 15 ÷ 26 × years of service
  • 15 days’ wages per year — the monthly wage is divided by 26 (working days) and multiplied by 15.
  • Years of service — every completed year, plus one more for a part-year of more than six months.
  • Last drawn wages — the wages at the time the employee leaves, not an average.
  • Cap — ₹20 lakh for private-sector employees; an employer can choose to pay more.

What counts as “wages” now

Under the Labour Codes, wages mean basic pay + dearness allowance + retaining allowance. Allowances such as HRA, conveyance and statutory bonus are excluded — but if the excluded parts add up to more than 50% of total remuneration, the excess is added back into wages. In practice, wages for gratuity are at least half of total pay.

The Labour Ministry has clarified that gratuity on the revised wage definition applies from 21.11.2025, and that annual performance incentives are not part of wages.

Example of the 50% rule

Monthly payAmount
Basic + DA₹30,000
HRA and other allowances₹70,000
Total remuneration₹1,00,000
Excluded parts above 50% (₹70,000 − ₹50,000), added back₹20,000
Wages for gratuity₹50,000

For 10 years of service, gratuity would be ₹50,000 × 15 ÷ 26 × 10 = ₹2,88,462, against ₹1,73,077 if it were worked out on Basic + DA of ₹30,000 alone. That is why many employers are reviewing salary structures.

Worked example

An employee leaves after 7 years and 8 months with last drawn wages of ₹40,000 a month. The 8 months are more than six, so service counts as 8 years:

₹40,000 × 15 ÷ 26 × 8 = ₹1,84,615

Gratuity calculator

Who is eligible

  • Permanent employees — after five years of continuous service.
  • On death or disablement — the five-year condition does not apply.
  • Fixed-term employees — after one year of service under their contract, paid pro rata. This applies to people employed directly, not contract labour through a contractor.
  • Contract labour — the contractor, as their employer, pays gratuity after five years of continuous service.

Tax on gratuity

For private-sector employees, gratuity is tax-free up to ₹20 lakh over their working life. Anything above that is taxable as salary. Leave encashment at retirement or resignation has its own, separate limit of ₹25 lakh.

Gratuity is usually paid as part of the full and final settlement, along with unpaid salary and leave encashment.

Sources

This guide is general information to help HR and payroll teams, not legal or tax advice. Rules change and can depend on your circumstances — confirm with the official source or your consultant before acting on it.

Questions

Gratuity — common questions

What is the gratuity formula in India?

Gratuity = last drawn monthly wages × 15 ÷ 26 × completed years of service. A part-year of more than six months counts as a full year. It is capped at ₹20 lakh for private-sector employees.

What “wages” are used for gratuity now?

Since 21 November 2025, wages follow the Labour Codes: basic pay, dearness allowance and retaining allowance. If the excluded allowances (such as HRA and conveyance) are more than 50% of total pay, the excess is added back to wages. So wages are at least half of total remuneration.

When does an employee become eligible?

After five years of continuous service. The five-year condition does not apply on death or disablement, and fixed-term employees qualify after one year of service under their contract, on a pro-rata basis.

Is gratuity taxable?

For private-sector employees, gratuity is exempt from income tax up to ₹20 lakh over their working life; anything above that is taxable.

Does the new definition apply to service before November 2025?

Gratuity is paid on the wages last drawn at the time of exit. For exits on or after 21 November 2025, the Labour Ministry has clarified that the Code on Social Security, 2020 applies.

Keep exits and settlements in order

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