Employees Provident Fund

EPF Calculator

Calculate your EPF corpus, retirement benefits, and monthly pension (EPS). 12% employee + 12% employer contribution with accurate interest calculation.

Your EPF Details

EPF Maturity Calculation

EPF Corpus at Age 58
0
Investment Period: 58 years
Total Contributed
0
Interest Earned (Tax-free)
0

Monthly Contributions Breakdown

EPF Wage (capped at ₹15K)0
Employee Contribution (12%)0
Employer to EPF (3.67%)0
Employer to EPS (8.33%)0
Total to EPF Account0

EPS Monthly Pension

Estimated Monthly Pension
0
Based on 35 years of pensionable service
Note: EPS pension is calculated as (Pensionable Salary × Pensionable Service) / 70. Minimum 10 years service required. Maximum 35 years considered.

Annual Tax Benefits

Section 80C Deduction
0
Employee contribution (max ₹1.5L)
Tax Saved (30% bracket)0
Tax Saved (20% bracket)0
Additional Benefits: Employer contribution (₹0/year) is tax-exempt under Section 10(12). Interest earned is also tax-free if withdrawn after 5 years of continuous service.

EPF Rules & Regulations

Contribution Rules

Employee: 12% of (Basic + DA), capped at ₹15,000 wage
Employer: 3.67% to EPF + 8.33% to EPS (max ₹1,250)
VPF (Voluntary): Additional employee contribution allowed
Applicable to organizations with 20+ employees

Tax Benefits

Section 80C: Employee contribution deductible (max ₹1.5L)
Section 10(12): Employer contribution tax-exempt
Interest earned is tax-free (if 5+ years service)
Withdrawal fully tax-exempt after 5 years

Withdrawal Rules

Full withdrawal: After retirement or 2 months unemployment
Partial withdrawal: For marriage, education, medical, house
90% advance: For home loan repayment (after 5 years)
Taxable if withdrawn before 5 years of service

EPS Pension

Minimum 10 years service required for pension
Pension starts from age 58 (can defer till 60)
Maximum 35 years of service considered
Scheme certificate withdrawal if <10 years service

Automate EPF Management for Your Organization

Our HRMS automatically calculates EPF contributions, manages EPFO compliance, generates ECR files, handles EPS calculations, and processes EPF withdrawals seamlessly.