EPFO STATUTORY CONTRIBUTIONS

EPF & EPS Calculator

Calculate employee 12% deduction, employer 8.33% EPS pension share, and annual compounding corpus.

Monthly Basic Pay + Dearness Allowance (DA)

₹

Statutory wage ceiling for mandatory PF is ₹15,000/month.

EPFO Wage Ceiling Consideration

Voluntary PF (VPF) Additional %

Employee extra share over statutory 12%.

Component	Share Rate	Monthly (₹)	Annualized (₹)
Employee EPF Contribution	12.00%	₹ 0	₹ 0
Voluntary Provident Fund (VPF)	0%	₹ 0	₹ 0
Employer EPS (Pension Scheme)	8.33% (Cap ₹1,250)	₹ 0	₹ 0
Employer EPF (Provident Fund)	3.67% + Residual	₹ 0	₹ 0
Total Annual EPF Inflow (Excl. Pension)	EPF Account Accumulation	₹ 0	₹ 0

Employees’ Provident Funds & Miscellaneous Provisions Act, 1952

The EPF scheme is India's principal mandatory social security framework for salaried professionals. Under statutory guidelines, every establishment with 20 or more employees must register with the EPFO.

Employee Share = 12% × (Basic Pay + DA)
Employer Share = 8.33% to EPS (Capped at ₹1,250) + 3.67% to EPF

1. The ₹15,000 Wage Ceiling Rule

Under the statutory framework, mandatory coverage applies up to a Basic + DA ceiling of ₹15,000 per month. If your Basic Pay exceeds ₹15,000, your employer may either cap contributions at ₹15,000 (i.e. ₹1,800/mo) or compute on the actual higher basic pay.

2. Pension Scheme (EPS) vs Provident Fund (EPF)

The employer’s 12% contribution is split into two pools: 8.33% is diverted to the Employees’ Pension Scheme (subject to a maximum statutory cap of ₹1,250 per month based on the ₹15,000 ceiling), and the balance (minimum 3.67% plus any amount over the EPS cap) goes straight into your interest-bearing EPF account.