Salaried employees in India can avail of gratuity benefits as per the Payment of Gratuity Rules, 1972, once they complete a minimum of 4 years and 240 days of continuous service with their employer. This gratuity amount is calculated based on the final drawn salary of the employee. The specific formula for calculating gratuity varies depending on whether the organization falls under the purview of the Act. It is a significant financial benefit for employees, serving as a form of retirement benefit. Employers are required by law to provide this benefit to their employees. To ensure a smooth process of receiving gratuity, employees should familiarize themselves with the rules and regulations governing it. In case of any disputes or delays in receiving gratuity, employees can seek assistance from the labor department or legal counsel. Understanding the gratuity rules and being aware of one’s rights can help employees secure their financial future post-retirement.