PF Contribution Calculator
🧾 PF Contribution Calculator: Understand Your Monthly Provident Fund Contributions
What is Provident Fund (PF)?
Provident Fund is a government-backed retirement savings scheme for employees in the organized sector. It helps build a financial cushion for retirement through monthly contributions from both the employee and the employer.
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The PF system is managed by the Employees’ Provident Fund Organisation (EPFO) and includes:
- EPF (Employees’ Provident Fund)
- EPS (Employees’ Pension Scheme)
- EDLI (Employees’ Deposit Linked Insurance)
📐 PF Contribution Breakdown
Every month, contributions are made as follows:
✅ Employee Contribution:
- 12% of Basic + DA goes directly to EPF.
✅ Employer Contribution:
- 12% of Basic + DA, split into:
- 8.33% to EPS (Pension Scheme)
- 3.67% to EPF
Note: The EPS contribution is capped at ₹1,250 per month (based on ₹15,000 salary ceiling).
🧮 How to Use the PF Contribution Calculator
This calculator helps you estimate your monthly PF contributions based on your salary.
Steps:
- Enter your monthly Basic + DA salary.
- Click on “Calculate PF Contributions”.
- The calculator will display:
- Employee PF Contribution
- Employer EPS Contribution
- Employer EPF Contribution
- Total Monthly Contribution
📊 Example Calculation
If your Basic + DA is ₹25,000:
- Employee PF = 12% of ₹25,000 = ₹3,000
- Employer EPS = 8.33% of ₹25,000 = ₹2,082.50
- Employer EPF = 3.67% of ₹25,000 = ₹917.50
- Total Monthly Contribution = ₹6,000
🎯 Benefits of Using the Calculator
- Helps you understand your monthly savings
- Useful for salary planning and CTC breakdown
- Gives clarity on retirement and pension contributions
- Can be used for HR, payroll, and employee onboarding
⚠️ Important Notes
- EPS contribution is capped at ₹1,250/month for salaries above ₹15,000.
- PF contributions are mandatory for employees earning up to ₹15,000/month.
- Voluntary contributions (VPF) can be made beyond the mandatory 12%.
📝 Conclusion
The PF Contribution Calculator is a simple yet powerful tool to understand how much you and your employer contribute toward your retirement savings every month. It’s especially useful for employees, HR professionals, and payroll teams to ensure transparency and financial planning.
