PF Calculator – EPF Calculation & In-Hand Salary Calculator

Use our PF Calculator to calculate your Employee Provident Fund (EPF) contribution and understand its impact on your in-hand salary after tax. This tool works seamlessly with a salary calculator, CTC to in-hand salary calculator, and take home salary calculator India.

Whether you are a private employee or a government employee under 7th CPC or expecting revision under the 8th Pay Commission, this PF calculator helps you estimate monthly and yearly deductions accurately.

What is PF (Provident Fund)?

Provident Fund (PF) is a government-mandated retirement savings scheme regulated under the Employees’ Provident Funds and Miscellaneous Provisions Act, 1952. Both the employee and employer contribute a fixed percentage of the basic salary towards EPF.

PF plays a major role in determining your monthly salary, take home salary, and long-term retirement corpus.

PF Contribution Percentage

• Employee Contribution: 12% of Basic Salary
• Employer Contribution: 12% of Basic Salary
• EPS (Pension): 8.33% of Employer share (up to ₹15,000 salary cap)

PF deduction directly affects your in-hand salary calculator India results.

PF Calculation Formula

Employee PF = 12% × Basic Salary
Employer PF = 12% × Basic Salary
Total Monthly PF = Employee PF + Employer PF
  

Impact of PF on In-Hand Salary

PF contribution is deducted before salary is credited, which reduces your take home salary but increases long-term savings. This deduction is visible when you use an in-hand salary calculator after tax or monthly salary calculator India.

PF also helps in reducing taxable income as employee contribution qualifies for deduction under Section 80C of the Income Tax Act.

PF Calculator for 7th CPC & 8th pay commission salary calculator

Government employees can use this tool as a 7th pay commission salary calculator or 8th pay commission salary calculator to understand EPF deductions and net salary.

It is also useful as an 8th pay commission salary calculator in Hindi for users preparing for future salary revisions.

PF vs Take Home Salary

• Higher PF: Lower monthly in-hand salary
• Lower PF: Higher take-home salary but less retirement savings
• Balanced PF: Ideal for long-term financial planning

Use this PF Calculator along with a CTC to in-hand salary calculator to choose wisely.

Frequently Asked Questions (FAQs)

Is PF mandatory for all employees?

PF is mandatory for employees earning up to ₹15,000 basic salary per month. Employees earning above this limit may opt in voluntarily.

Does PF affect TDS on salary?

Yes, PF reduces taxable income and lowers TDS on salary.

Can I contribute more than 12% to PF?

Yes, employees can contribute more through Voluntary Provident Fund (VPF).

Why Use Our PF Calculator?

• Accurate salary calculator India
• Works with monthly salary calculator
• Supports 7th & 8th pay commission salary calculator
• Clear estimation of in hand salary after PF deduction

Use our PF Calculator India today to calculate your EPF contribution, understand its impact on your take home salary, and plan your finances better.