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Gratuity is a token of appreciation, a way of showing gratitude for an employee's long-term commitment. In India, it is governed by the Payment of Gratuity Act of 1972. This legislation specifies when an employee is entitled to gratuity , how it is calculated, and the responsibility of employers to ensure timely disbursement. What is gratuity ? A comprehensive guide to gratuity in India for 2025, covering eligibility criteria, calculation methods for covered and non-covered employees, and crucial tax implications under Section 10(10) and the New Tax Regime. Gratuity Calculator : Use ClearTax online gratuity calculator to know gratuity amount of money you will get on retirement. Only those employees who have been employed by the company for five years or more are given the gratuity . Check out gratuity formula, percentage, eligibility , rules in India.
