Retirement gratuity is a lump sum payment given by employers to employees upon retirement. It's a gesture of appreciation for their years of service. Typically calculated based on years worked and final salary, this payment can be a crucial part of retirement planning, providing a financial buffer as individuals enter this new phase of life. However, it's important to consider potential tax implications and seek professional advice for optimizing its benefits. https://pensionbox.in/blog/Calculating-Your-Retirement-Gratuity:-A-Step-by-Step-Guide