The PF Interest Calculator helps with the calculation of interest on both employee and employer contributions at the end of the year is the subject of the following section. For the financial year 2020–2021, the interest rate is 8.5% p.a. Hence, 8.5% divided by 12 equals 0.7083% each mo...
Employer’s contribution towards EPS 1,666 The total EPF contribution 3,134 The interest rate for FY 2021-22 8.10% Interest rate per month 0.675% Interest received 42.30 However, instead of making a manual calculation, you can calculate the EPF amount with the help of an online EPF calculat...
and pension for nominees.EPS program replaced the Family Pension Scheme (FPS). It is financed by diverting 8.33 percent of employer’s monthly contribution from the EPF(restricted to 8.33% of 6500 or Rs 541.From Sep 1 2014 salary limit has been increased to Rs 15,000 so Rs 1250 per mont...