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Employee Provident Fund (EPF)
How is this calculated?
Your Employee PF contribution is calculated as 12% of your Basic Salary + DA. In the simple mode, this calculator assumes your Basic Salary is 50% of your total Cost to Company (CTC). This amount is deducted directly from your monthly pay and deposited into your EPF account for your retirement.
Your Employee PF contribution is calculated as 12% of your Basic Salary + DA. In the simple mode, this calculator assumes your Basic Salary is 50% of your total Cost to Company (CTC). This amount is deducted directly from your monthly pay and deposited into your EPF account for your retirement.