Calculate gratuity payable after 5 years service with tax exemption limits (₹20L private, ₹25L govt)
Basic salary + Dearness Allowance only (exclude HRA, allowances)
If ≥6 months, rounds up to full year
Covered: 10+ employees. Formula uses /26. Not covered: Uses /30
Private: ₹20L limit & exemption. Government: ₹25L limit, fully exempt