Total epf contribution of flexi is rm440.00 flexi has a salary of rm2,000 and a wages rm500 per month, how much does he has to contribute to epf? How is epf contribution calculated? To understand how the epf calculator works, let us have an example. For instance, if the base salary is.

how to calculate epf contribution
EPF Corpus Calculator

how to calculate epf contribution. By plugging in your contribution details, we get: Calculation of the total contribution total earnings per employee total earnings should include the following. Male employees are required to make a contribution of 10 percent or 12 percent of their gross wage. Enter your basic salary and your age step 2: Now following are the contributions made by you (employee) and the employer: Employee contribution to epf the employee pays 12% of their base salary and the dearness allowance each month into the epf account.

Calculation Of The Total Contribution Total Earnings Per Employee Total Earnings Should Include The Following.


Hence, the formula is the (interest rate/12)*total contribution made. To understand how the epf calculator works, let us have an example. Lets say your salary (basic salary + dearness allowance) = rs 50,000 per month.

For Instance, If The Base Salary Is.


Employees basic salary + dearness allowance = ₹ 14,000 employees contribution towards the epf = 12% * 14,000 = ₹. Now, the epf contribution for may will be rs 4,388 (rs 2194 + rs 2194). As soon as you input the values, the employer’s contribution ( eps+epf), total interest earned and total.

Total Epf Contribution Of Flexi Is Rm440.00 Flexi Has A Salary Of Rm2,000 And A Wages Rm500 Per Month, How Much Does He Has To Contribute To Epf?


You will be receiving an interest of rs 4,388 * 0.70833% = rs 31.08. 8.1%/12*10,031 = ₹67.71, rounded off to ₹68. Employee contribution to epf the employee pays 12% of their base salary and the dearness allowance each month into the epf account.

You Have Made A Contribution.


How is epf contribution calculated? Calculate the contribution for each employee as mentioned below. Now following are the contributions made by you (employee) and the employer:

By Plugging In Your Contribution Details, We Get:


For the following months, the epf. Flexi has rm2,000.00 and wages. Enter your basic salary and your age step 2: