Gratuity Amount
₹3.46 L
Tax Exempt (up to ₹20L)
Fully Exempt
No tax on gratuity
Taxable Amount
₹0
Gratuity = (Last Drawn Salary × 15 × Years of Service) / 26. Under Section 10(10), gratuity up to ₹20,00,000 is exempt from tax for private sector employees. The exemption is available once in a lifetime.