New Delhi, DelhiMon – Sat: 10:00 AM – 7:00 PMinfo@skwealthtax.com
Quick Links:ResourcesCalculatorsFormsUpdates
Payroll & Compliance Calculators

EPF Calculator

Employee and employer EPF/EPS contributions and corpus projection.

Enter your details

₹
EPF wages = basic + DA (+ retaining allowance). Under the Labour Codes, wages for PF are generally at least 50% of total pay — check your payslip structure.
₹
Declared each year by EPFO/CBT — enter the latest rate you have seen at epfindia.gov.in. 8.25% was declared for FY 2024-25.
₹
Statutory ceiling for EPS and mandatory coverage; editable if notified otherwise.
Estimate only. Results depend on the inputs and the rules and rates described below. Verify with the official source or a professional before filing or investing; this is not tax, legal or investment advice.

How it is calculated

Employee EPF = 12% × PF wages. Employer 12% = EPS 8.33% × min(wages, ceiling) [max ₹1,250] + balance to EPF. Each month interest = opening balance × rate ÷ 12; balance += contributions; interest is added at year end. Wages rise by the yearly increase %.

Worked example

Basic + DA ₹30,000, contribution on actual wages: employee ₹3,600; employer ₹3,600 of which EPS ₹1,250 (8.33% of ₹15,000) and EPF ₹2,350. Total to EPF = ₹5,950 a month in year 1.

About the EPF Calculator

Employee and employer EPF/EPS contributions and corpus projection. This free payroll & compliance tool runs entirely in your browser: nothing you type is sent to a server, and you can save, print or download the result.

What you need to enter

You will be asked for monthly basic + da (₹), current age, retirement age, expected yearly salary increase (%), existing epf balance today (₹), epf interest rate (% per year) and a few more details. Fields marked * are required. Every field shows a hint and the allowed range.

How to use it

  1. Fill in the inputs (sample values are pre-filled so you can see how it works).
  2. Press Calculate to see the result, breakdown and chart.
  3. Use Print, Download PDF or Share to keep the result, or come back to it from your saved history.

Who it helps

Salaried individuals, business owners, investors and professionals who want a quick, transparent estimate before they file, invest or plan. If your case has special facts, our team can review it - ask for a consultation.

Results are estimates based on the rules and rates described under "How it is calculated". Laws change and individual facts differ, so confirm with official sources or a qualified professional before acting. This is not tax, legal or investment advice.

Frequently asked questions

Why does the employer's 12% not all go to my EPF?

Part of it (8.33% of wages up to the ₹15,000 ceiling, so at most ₹1,250 a month) is diverted to the Employees' Pension Scheme. Only the remainder is credited to your EPF account.

Is the EPF interest rate fixed?

No. EPFO's Central Board recommends a rate every year and the government notifies it. Update the rate field when a new one is declared.

Should I contribute on the full salary or the ₹15,000 ceiling?

Above the ceiling, contributing on actual wages needs employer agreement (and a joint option for EPS). It raises take-home deductions but builds a bigger tax-efficient corpus. Check your offer letter.

Need help beyond the calculator?

Talk to our tax and compliance team for advice based on your documents.

Free Consultation WhatsApp Us