Description: Disclaimer: PersonalFN is not providing any investment advice through this service PersonalFN does not warrant that this service is complete, accurate, reliable, current, reliable, suitable, free from any virus, disruption or interruption and expressly disclaims all warranties and conditions of any kind, whether express or implied.
To understand how the EPF calculator works, let us have an example. Employees basic salary + dearness allowance = Rs 14,000 Employees contribution towards the EPF = 12% * 14,000 = Rs 1,680 Employers contribution towards the EPF = 3.67% * 14,000 = Rs 514 Employers contribution towards EPS = 8.33% * 14,000 = Rs 1,166.
The Employees' Provident Fund (EPF) calculator will help you to calculate the amount of money you will accumulate on retirement. How to use it To arrive at the retirement corpus, you need to enter few details such as: Your present age and the age when you wish to retire.
The EPF calculators provided online take into account all the aspects of interest rates and Income Tax deductions too. This makes the PF calculator more reliable and beneficial as they give you the calculation real time. Also Read: Latest SBI FD Rates Types of EPF Provident Funds Statutory Provident Funds (SPF)
As per the above illustration: Your contribution to the EPF will be 12% of ₹15,000 = ₹1,800. Your employer’s investment in EPS will be 8.33% of ₹ 15,000 = ₹1,250. Your employer’s contribution towards EPF will be your contribution minus the employer’s contribution towards the EPS = ₹1,800 - ₹1,250 = ₹550. Hence, the total.
network.punditarena.com - 2022 DISCLAIMER: All models on www.xxxcrowlimg.com adult site are 18 years or older. network.punditarena.com has a zero-tolerance policy against ILLEGAL pornography. All galleries and links are provided by 3rd parties. We have no control over the content of these pages. We take no responsibility for the content on any website which we link to, please use your own discretion while surfing the porn links.