Gratuity calculation for private sector employees under new labour laws: How to check gratuity amount, formula

Nothing has changed for government employees regarding gratuity under the new labour code.
Say for example: Date of Birth: December 10, 1965
Date of Retirement: December 10, 2025
Sum of last month can be Rs 1,25,000
Total Service: 60 years – 1965 = 60 years of age, but service years depend on employment.

Let’s assume the employee completed 30 years of service (you can change the number as needed).

Example 1
Employee age– 60 years (Retirement date December 10, 2025)
Service years- 32
Half service years- 64
Sum of last month emoluments (Basic Pay+DA)= Rs 1,00,000
Gratuity amount- Rs 16,00,000

Example 2
Age- 60 years (Retirement date December 10, 2025)
Service years- 26
Half service years- 52
Sum of last month emoluments (Basic Pay+DA)= Rs 1,25,000
Gratuity amount– Rs 16,25,000