The following is the description of the inputs needed to be provided.
AGE: Current age of the employee.
Current EPF balance: The present balance amount in the EPF account.
Current Basic Salary: Monthly Basic Salary + Dearness allowance
Employee contribution in percentage: Percentage of the basic Salary the employee contributes to the EPF account (Default is 12%).
Employer contribution in percentage: Percentage of the basic salary the employer contributes to the EPF account (Employer contribution is also 12%, out of which 3.67% is towards EPF and the remaining 8.33% is towards EPS).
Average increase in Salary in Percentage: Percentage of average increase in Salary (per annum) over the years till the employee retires.
Retirement Age: Age when the employee expects to retire.
Current ROI for EPF: The current ROI provided by EPFO. Currently it is 8.80%.
Expected epf corpus: The amount an employee expects when he retires. Minimum is Rs 20,00,000.
Once the inputs are entered, click the submit button.
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| Downloads: 498 | ||||
| Updated At: 2024-04-22 10:20:15 | ||||
| Publisher: Kansapps | ||||
| Operating System: Android | ||||
| License Type: Free |