The monthly provident fund split, showing exactly how much of the employer's twelve percent reaches your fund and how much is diverted to the pension scheme. The two are not the same and payslips rarely separate them.
Also called: epf contribution, pf deduction calculator.
₹2,351 a month in total: ₹1,800 from you and ₹551 from your employer, with a further ₹1,250 of employer money going to the pension scheme rather than the fund.
An estimate, not an offer or a guarantee. Projected returns assume the rate you entered holds for the whole term, which no market does.
This is what the calculation gives for the numbers you entered. It is an estimate, not advice, and it knows nothing about your situation beyond those numbers. Rules for India change on a published schedule; the effective date is shown on every rule-based tool.
Both sides pay twelve percent of basic plus dearness allowance. Your twelve goes wholly to the fund. Of the employer's twelve, 8.33% of wages goes to the Employees Pension Scheme, but that diversion is itself capped at the statutory wage ceiling, so above the ceiling the pension share stops rising and everything extra lands in the fund. Most employers restrict the whole contribution to the ceiling, which is why the option is here.
you pay 12% of wages; the employer pays 12% too, of which 8.33% capped at the ceiling goes to pension and the rest to the fundEach of these is asserted on every build. If a change to the engine ever moved one of these answers, the build would fail before the page could print it.
Total going into the fund each month₹2,351
12% and 8.33% of the 15,000 ceiling, worked by hand
Open this exampleTotal going into the fund each month₹10,751
boundary: everything above the ceiling goes to the fund rather than the pension
Open this exampleTotal going into the fund each month₹1,880
degenerate case
Open this exampleFormula version 1.0.0 · definition 1.0.0 · India · Report a problem with this calculator