Step-by-step PF calculation for Indian employers — contribution rates, ₹15,000 EPS ceiling, and common mistakes SMEs make every month.
Both employee and employer contribute 12% of Basic + DA. EPS uses a ₹15,000 wage ceiling even when basic salary is higher.
PF contribution basics
- Employee share: 12% of Basic + DA (deducted from salary)
- Employer EPF: 3.67% to employee EPF account
- Employer EPS: 8.33% on ₹15,000 max
- File ECR before the 15th to avoid EPFO penalties
How CoreHRx helps
CoreHRx calculates PF automatically on every payroll run and generates challan-ready reports. Book a demo to see it on your data.
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See how this module works inside the full HRMS platform — attendance, payroll, CRM, and more on one login.
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