calculate_gratuity
Compute gratuity payable under the Payment of Gratuity Act, 1972 using salary and service tenure. Ideal for terminal benefits estimation and CTC comparison.
Instructions
Calculate gratuity under the Payment of Gratuity Act, 1972.
Use when computing terminal benefits, comparing CTC packages, or planning retirement benefits.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| last_drawn_salary | Yes | Last basic salary + DA per month in INR | |
| years_of_service | Yes | Total years served (e.g., 5.8 = 5 yrs 9 months) | |
| is_covered_under_act | No | True if establishment has 10+ employees |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
No arguments | |||