Compute gratuity payable and the tax-exempt portion under section 10(10), for employees covered and not covered by the Payment of Gratuity Act.
₹
Inputs
Gratuity payable (formula)
₹0
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Exemption — least of three
Indicative. Covered: 15/26 × last salary × years (years ≥6 months rounded up). Not covered: 15/30 × average salary × completed years. The tax exemption ceiling is ₹20,00,000. Confirm coverage and salary definition.