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Gratuity Calculator
Calculate terminal gratuity under the Sri Lanka Payment of Gratuity Act No. 12 of 1983.
LKR
About Gratuity in Sri Lanka
- Eligibility: Minimum 5 years of continuous service with the same employer.
- Formula: Half month's salary × number of completed years of service.
- Salary basis: Last drawn monthly salary (basic + fixed allowances).
- Tax: Gratuity payments are generally exempt from income tax in Sri Lanka.
- Legal basis: Payment of Gratuity Act No. 12 of 1983.
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