Mmo 2024 Gratuity Formula. You make rs 28,000, for instance. For employees under the purview of the gratuity act, the formula used for calculating the gratuity amount is as follows:

Gratuity = number of years at work × (last month’s salary + d.a.) × 15/26. The gratuity amount payable depends on an employee’s last gross salary and the years of service completed.