Calculators / Retirement
Gratuity calculator
Defaults come from the India rule pack india-2026-27.v1. Change any of them.
₹
₹60,000
Gratuity
₹3,46,154
- Tax-free portion
- ₹3,46,154
How this is calculated
Standard time-value-of-money formulas with the inputs and assumptions shown. Every result records the rule-pack version used.
Educational estimate. Returns are not guaranteed; taxes and charges are not included unless stated. · india-2026-27.v1
Where the figures come from
Tax slabs, scheme rates and planning assumptions are kept in a dated rule pack with a source for each figure.
Where the rules come from
- PPF: Department of Economic Affairs, small savings interest rates (OM F. No. 1/4/2019-NS of 30 September 2026) (checked 2026-10-26)7.1% for 1 October to 31 December 2026, unchanged since April 2023. Rates are reset every quarter; check again in January 2027.
- NSC: Department of Economic Affairs, small savings interest rates (checked 2026-10-26)7.7% for October to December 2026.
- Sukanya Samriddhi: Department of Economic Affairs, small savings interest rates (checked 2026-10-26)8.2% for October to December 2026.
- Senior Citizens Savings Scheme: Department of Economic Affairs, small savings interest rates (checked 2026-10-26)8.2% for October to December 2026; deposit limit ₹30 L.
- Post office MIS: Department of Economic Affairs, small savings interest rates (checked 2026-10-26)7.4% for October to December 2026.
- Post office time deposits: Department of Economic Affairs, small savings interest rates (checked 2026-10-26)1 year 6.9%, 2 years 7.0%, 3 years 7.1%, 5 years 7.5% for October to December 2026.
- Kisan Vikas Patra: Department of Economic Affairs, small savings interest rates (checked 2026-10-26)7.5%, doubles in 115 months.
- EPF: EPFO retains 8.25% for 2025-26 (checked 2026-10-26)8.25% is the rate declared for 2025-26 and ratified by the government; the 2026-27 rate is usually declared by the Central Board of Trustees around February and should be updated then.
- NPS: PFRDA (checked 2026-10-26)Equity cap of 75% after 50 under auto choice, at least 40% annuitised at exit, normal exit at 60. Not re-verified against a 2026 circular.
- Gratuity: Payment of Gratuity Act, 1972 (checked 2026-10-26)15 days' wages per completed year on a 26-day month; tax-free limit ₹20 L for private-sector employees. Not changed in 2026.
- Planning assumptions: My Money & Me editorial assumptions (checked 2026-10-26)Inflation, return, life-expectancy and withdrawal assumptions are planning defaults shown on every result; members can change them in each calculator.