EPF PF Calculator India 2026 — Provident Fund Corpus at Retirement

EPF in India — Complete Guide 2026

The Employee Provident Fund (EPF) is India's mandatory retirement savings scheme for salaried employees in organizations with 20 or more workers. Both employee and employer contribute 12% of Basic + DA monthly. The EPFO manages the corpus and declares an annual interest rate (8.25% for FY 2024-25).

Employee vs Employer Contribution — Where Does the Money Go?

Employee 12%: Entirely to EPF account
Employer 12%: 8.33% to EPS (Employee Pension Scheme, capped at ₹1,250/month) and 3.67% to EPF
If basic > ₹15,000, employer can still contribute full 12% to EPF (instead of splitting with EPS) — check your passbook

Tax Benefits of EPF

EPF enjoys EEE (Exempt-Exempt-Exempt) status under certain conditions: (1) Employee contribution up to ₹1.5L is deductible under 80C (Old Regime only), (2) Interest earned is tax-free if annual EPF contribution is under ₹2.5L (₹5L for government employees), (3) Maturity amount is tax-free if continuous service is 5+ years.

Can I withdraw EPF before retirement?

Yes, partial withdrawals are allowed for specific purposes: home purchase/construction (after 5 years), medical emergencies, marriage of self/children, education. Full withdrawal is allowed after 2 months of unemployment. However, withdrawing early resets your 5-year clock for tax-free maturity and you lose significant long-term compounding.

How does the New Labour Code affect EPF?

The Code on Social Security 2020 proposes including allowances in the definition of "wages" for PF purposes, which could increase the PF base (currently just Basic+DA). If implemented, basic salary must be ≥50% of gross, increasing PF contributions and reducing take-home for many IT employees who currently have low basic ratios.

EPF / PF Maturity Calculator India

EPF in India — Complete Guide 2026

Employee vs Employer Contribution — Where Does the Money Go?

Tax Benefits of EPF

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