EPF Calculator
An EPF (Employee Provident Fund) calculator projects your retirement corpus from combined employee and employer PF contributions, growing at the government-notified EPF interest rate with assumed annual salary increments.
Each year, contributions (a fixed % of basic+DA from both employee and employer, subject to the statutory wage ceiling) are added and the running balance compounds annually at the notified EPF rate; basic salary is assumed to grow by the entered annual increment.
Input: ₹25,000/month basic+DA, 10% annual increment, 25 years to retirement, ~8.25% EPF rate
Result: Projected EPF corpus at retirement combining both employee and employer contributions plus compounded interest
Is EPF interest taxable?
EPF interest is tax-free as long as your own contribution stays within ₹2.5 lakh/year (₹5 lakh if there's no employer contribution) — interest on any excess is taxable.
Can I withdraw EPF before retirement?
Yes, under specific conditions (job loss, house purchase, medical need) — but early withdrawal within 5 years of continuous service can trigger tax implications.
EPF Calculator: how it works
An EPF calculator projects the retirement corpus from employee and employer provident-fund contributions, which grow with salary increments and compound at the EPFO rate.
Formula
Monthly contribution = 12% of basic from employee plus the employer's share; the running balance compounds at the declared annual rate.