Statutory · India

PF Calculator, Employee + Employer Contribution

Compute monthly and annual Provident Fund contribution under the EPF Act 1952. Employee 12% + Employer 12% (split EPF 3.67% + EPS 8.33%). Free, instant.

Monthly total PF contribution

₹7,200

Annual contribution: ₹86,400

Employee EPF (12%)
₹3,600
Voluntary PF (VPF)
₹0
Employer EPS (8.33% on ceiling)
₹1,250
Employer EPF (12% − EPS)
₹2,351

Indicative only. Statutory rates change; confirm against the current rules before acting on a figure.

How it works

The Employees' Provident Fund (EPF / PF) is a mandatory Indian retirement-savings contribution under the EPF Act 1952. Both employer and employee contribute 12% of basic wage + DA + retaining allowance, subject to a statutory wage ceiling. The employer's 12% splits between EPF (3.67%) and the Employees' Pension Scheme (8.33%). Voluntary Provident Fund (VPF) lets the employee contribute more.

Formula

  • Employee contribution = 12% of (Basic + DA + retaining allowance).
  • Employer EPF share = 3.67% of (Basic + DA + retaining allowance).
  • Employer EPS share = 8.33% of (Basic + DA + retaining allowance), capped at the statutory ceiling (Rs. 15,000).
  • Total employer contribution = 12% (EPF 3.67% + EPS 8.33%) + admin charges.
  • Voluntary PF (VPF): employee can contribute up to 100% of basic + DA; employer match stays at 12%.

Worked example

An employee with basic + DA = Rs. 30,000 per month: Employee PF = 12% × 30,000 = Rs. 3,600. Employer EPS = 8.33% × 15,000 (ceiling) = Rs. 1,250. Employer EPF = (12% × 30,000) − 1,250 = Rs. 2,350. Total monthly PF deposit = Rs. 7,200. Annual contribution = Rs. 86,400 (excluding admin charges and any VPF).

Frequently asked questions

Who is covered under EPF?

Establishments with 20 or more employees are mandated to register under the EPF Act 1952. Coverage extends to employees earning basic + DA up to and beyond the statutory ceiling; the employer share to EPS is capped at the ceiling.

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What is the EPF wage ceiling?

Currently Rs. 15,000 per month, the cap above which the employer's EPS contribution does not scale. The total 12% contribution itself can be on actual basic + DA at the employer's option, or capped at the ceiling.

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What is VPF (Voluntary Provident Fund)?

VPF lets the employee contribute more than the statutory 12%, up to 100% of basic + DA, into the same PF account, earning the same interest rate. The employer match remains 12%; the additional contribution is purely from the employee side.

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How is PF interest calculated?

Interest is declared annually by EPFO (currently 8.25% for FY 2024-25, subject to annual revision). Interest accrues monthly on the running balance and is credited yearly.

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Is PF withdrawal taxable?

Withdrawal after 5 years of continuous service is fully exempt. Earlier withdrawals are taxable; partial advances for housing, marriage, medical reasons follow specific exemption rules under Income-tax Act.

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What is the EPF admin charge?

Currently 0.5% of basic + DA payable by the employer to EPFO as administrative charges, plus 0.5% to EDLI (Employees' Deposit Linked Insurance). Subject to periodic revision.

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What if I want to contribute on actual basic above Rs. 15,000?

Most large employers contribute on actual basic + DA; SMBs often opt for the ceiling-capped contribution. This is configurable in WappBlaster Payroll per-employee or company-wide.

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