Project your Employee Provident Fund balance from monthly contributions.
Typically 12% of basic pay from the employee, matched by the employer (part of which routes to EPS in reality — simplified here as a flat 12%+12% into EPF), compounding monthly at the declared EPF interest rate.
Illustrative estimate only — tax rules change frequently and vary by jurisdiction/circumstance. Verify with an accountant or official source before relying on this.
Typically 12% of basic pay plus dearness allowance from the employee, matched by a 12% employer contribution (part of the employer's share is routed to the Employee Pension Scheme in practice — simplified here as a flat combined 24%).
Interest on EPF contributions up to ₹2.5 lakh per year (₹5 lakh if there's no employer contribution) is tax-free. Interest on contributions above this threshold is taxable.
Partial withdrawals are allowed for specific reasons (home purchase, medical emergencies, marriage, education), and full withdrawal is permitted after 2 months of continuous unemployment, subject to conditions.