Name: EPF Calculator — Online Tool
Availability: InStock
Author: Bulan Sarkar

Part of the system: Old vs new regime in 3 steps. Steps, checks and a free printable page.

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Rules last checked on 30 September 2026. The ₹25,000 wage ceiling is from Ministry of Labour and Employment notification S.O. 5109(E), published in the Gazette of India on 17 September 2026 under section 2(89) of the Code on Social Security, 2020. The contribution split, EDLI and admin rates are from EPFO's wage-ceiling FAQs (September 2026). The 8.25% rate for 2025-26 is the rate EPFO notified on 1 July 2026 after the Central Board of Trustees decided it on 2 March 2026. The 2026-27 rate has not been declared yet, and the rate box is editable. The ₹2.5 lakh interest rule is Schedule II, Sl. No. 4 of the Income-tax Act, 2025, as published on incometaxindia.gov.in.

Short answer

You pay 12% of your PF wages (basic plus DA) into EPF, and so does your employer, but 8.33% of wages up to the ceiling goes from the employer's share to the pension scheme (EPS), so it never shows up in your balance. The ceiling rose from ₹15,000 to ₹25,000 a month on 17 September 2026. At that ceiling, ₹3,917 a month reaches your EPF account (₹3,000 from you, ₹917 from your employer) and ₹2,083 goes to EPS. At 8.25%, a 30-year-old on ₹30,000 wages with ₹2 lakh saved and 5% yearly raises reaches about ₹67.7 lakh at 58, roughly ₹19.4 lakh more than under the old ceiling.

Where your 24% goes

PF wages are your basic pay, dearness allowance and retaining allowance, not your gross salary. Twelve percent of them is cut from your salary and goes to your EPF account. Your employer pays another 12%, split in two: 8.33% of wages up to the ceiling goes to the Employees' Pension Scheme, and whatever is left goes to your EPF account. On top of that, the employer pays 0.5% for EDLI life cover (up to ₹7 lakh) and 0.5% in admin charges. You never see those two in your balance.

EPFO's examples for the new ceiling: on wages of ₹20,000, you pay ₹2,400, EPS gets ₹1,666 and your EPF gets ₹734 from the employer. On ₹25,000, the figures are ₹3,000, ₹2,083 and ₹917. If your wages are above ₹25,000 and you are not in EPS, the employer's whole ₹3,000 goes to your EPF instead.

The calculator shows this split for your wages in the same order as EPFO's return, then projects the balance to the age you pick.

The ₹25,000 ceiling from 17 September 2026

The ceiling had been ₹15,000 since September 2014; from 17 September 2026 it is ₹25,000. Employees with PF wages between ₹15,000 and ₹25,000 must now be enrolled in EPF, EPS and EDLI. Anyone whose employer paid only on the old ₹15,000 now contributes on up to ₹25,000, and the monthly maximum that can go to EPS rises from ₹1,250 to ₹2,083.

September 2026 is split: contributions for the 1st to the 16th use the old ceiling and the rest of the month uses the new one, in a single return due by 15 October. The calculator starts from October, the first full month under the new rule.

If your employer contributes on your full wages with no ceiling, the change only affects the EPS part; pick the full-wages option to see it.

How EPF interest is worked out

EPFO calculates interest monthly, on the balance at the end of each month, and adds it to your account once a year, after the financial year closes. A month's contribution only counts once your employer has paid it to EPFO, which is normally by the 15th of the following month. The default setting follows that, so money for the October wage month starts earning in November. Most online calculators count it from the wage month itself; switch the option if you want to compare with them. The gap is small: about ₹260 a year on ₹3,134 a month.

EPFO's Central Board of Trustees sets the rate every year and the government notifies it. It was 8.25% for both 2024-25 and 2025-26. The calculator applies whatever you enter to every future year, so the result is a projection.

Tax on EPF

Your own 12% (and any VPF) counts toward the ₹1,50,000 deduction under section 123 of the Income-tax Act, 2025 (the old section 80C) if you file under the old regime. Interest is tax-free as long as your own contributions in a year stay within ₹2,50,000. Above that, the interest on the excess is taxable every year from then on, under Schedule II, Sl. No. 4 of the 2025 Act. The limit is ₹5,00,000 if your employer pays nothing into the fund. At the 12% rate you reach ₹2.5 lakh only when wages cross about ₹1.74 lakh a month, and the calculator warns you when your wages or VPF take you over it.

Money in EPS is not part of your balance. It pays a monthly pension from 58 if you have at least 10 years of service, worked out from your average pensionable salary and years of service.

Worked examples

₹20,000 wages, newly enrolled in EPS

This is EPFO's worked case: an EPF member earning ₹20,000 who was outside EPS joins it from 17 September 2026. From October, ₹2,400 comes from salary, EPS gets ₹1,666 and the employer puts ₹734 into EPF, so ₹3,134 a month reaches the EPF account. Before the change, the whole 24% (₹4,800) went to EPF.

Over a year that is ₹37,608. Counting each month's money from the month after the wage month, the interest at 8.25% is ₹3,134 × 8.25% ÷ 12 × (11 + 10 + ... + 1) = ₹1,422. Counted from the wage month itself, as most calculators do, it would be ₹1,681.

₹30,000 wages, contributions capped at the ceiling, age 30 to 58

Wages are above ₹25,000, and the employer pays only on the ceiling. Each month ₹3,000 comes from salary, ₹917 goes to EPF from the employer and ₹2,083 goes to EPS: ₹3,917 into the account, up from ₹2,350 under the old ₹15,000 ceiling. Take-home falls by ₹1,200 a month.

With ₹2,00,000 already saved, 5% raises every April and 8.25% interest, the balance reaches about ₹67.7 lakh by the time you turn 58 in 2054-55, against ₹48.3 lakh on the old ceiling. The raises don't change the contributions here, because they stay capped at ₹25,000. If the employer paid on full wages instead, the same person would reach about ₹1.43 crore.

Written by Bulan Sarkar, who checked the results by hand and against a second public calculator. Use it for planning; it isn't tax or investment advice.

Sources

PPF Calculator

Work out your PPF maturity at 7.1%, year by year, with loan and withdrawal limits and 5-year extensions.