Gratuity Calculation: Uncover Your Hidden Job Benefit

• Gratuity is a large sum accumulated silently, received at the end of employment.
• Calculated as 15 days' salary for each year of service, based on last drawn salary (Basic + DA).
• Service period exceeding 6 months is rounded up to a full year for calculation.
• Maximum gratuity amount is capped at ₹20 Lakhs.
• Rules vary for different employees and are designed to reward long-term service.