EPF Rate: 8.25% p.a. — EPFO Notification — FY 2023-24
EPF rate is declared by EPFO CBT each financial year and notified by Ministry of Labour & Employment. Check EPFO official site for the latest declared rate.
EPFO Official📌 About EPF Contribution Split
Employee contributes 12% of Basic+DA to EPF. Employer contributes 12% split as: 3.67% to EPF + 8.33% to EPS (Employees Pension Scheme). Only EPF portion (not EPS) earns the declared interest rate. This calculator computes your EPF corpus only.
EPF / PF Calculator
Monthly Contribution at Current Basic
Employee: ₹3,600
Employer (PF only): ₹1,101
Total to PF: ₹4,701/month
Estimated EPF Corpus
₹51,78,987
EPF Tax Rules
Employee contribution
Deductible u/s 80C (up to ₹1.5L/yr)
Interest earned
Tax-free up to ₹2.5L contribution/yr (₹5L for employer-no-contribution cases)
Maturity withdrawal
Tax-free if service ≥5 years
Premature withdrawal (<5 years)
Taxable at slab rate (TDS at 10% if >₹50,000)
Disclaimer: Uses EPF rate of 8.25% p.a. (EPFO Notification — FY 2023-24). EPF rate is declared annually by EPFO CBT — may differ for future years. Salary increase is an assumption, not a guarantee. EPS corpus is not included in this calculation. For exact corpus, check your EPF passbook at epfindia.gov.in.