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EPF / PF Calculator

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EPF / PF Calculator

Calculate your monthly EPF + EPS contributions, see how the ₹15K wage ceiling affects pension, and project your retirement corpus across years of service.

EPFO declared 8.25% for FY 2023-24.

Projected corpus on retirement
33.3L
33,29,107
Monthly contribution
Your share (12%)₹3,600
Employer → EPF₹2,350
Employer → EPS (Pension)₹1,250
Total going to EPF₹5,950
Annual (you + emp EPF)₹71,400

EPF rules you should know

  • EPS cap: employer pension contribution is capped at 8.33% of ₹15K = ₹1,250/month regardless of your actual salary.
  • EPF balance: any excess (over ₹1,250) from the employer's 12% goes to EPF, not pension.
  • Tax-free maturity: EPF + interest is fully tax-free after 5 years of continuous service.
  • Premature withdrawal: TDS at 10% if withdrawal before 5 years and balance > ₹50K (taxed at slab rate when filing).
  • VPF: you can voluntarily contribute up to 88% extra of (Basic + DA) — same returns, same tax treatment.
  • UAN portability: your Universal Account Number stays with you across jobs.