The provident fund calculator calculates the overall estimated PF amount that you will be having when you are retiring.
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Employee Provident Fund (EPF) |
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The employee provident fund, a retirement benefit scheme for salaried employees operates on the EPF account. The provident fund amount is deducted every month as a part of the salary for employees, and the amount gets credited in the EPF account of the employee. This amount is accumulated for the future, which can be handy to individuals in the post retirement life. You can now approximately calculate the total amount that you will have accumulated post your retirement from the provident funds. The employee provident fund calculator at ATS calculates the total PF in the EPF account of an employee.
To calculate the Employee provident fund (EPF), just enter your current age, the age you plan to retire, the current EPF amount if any, the basic monthly salary, your monthly dearness allowance, percentage of contribution to the PF, and the expected salary hike annually. Based on the input values, the EPF calculator at ATS will calculate the total Employee Provident fund (EPF) amount until the age you retire. Knowing the EPF in advance gives you a rough idea of how much savings you would have accumulated from EPF, and gives you insights to plan your investments.
Provident fund is a part of your salary that is deducted and saved in an employee Provident Fund account. It is basically a retirement based scheme for salaried employees that help you save a part of your salary for retirement period. The provident fund calculator calculates the overall approximate provident fund amount that you would have saved at the age of retirement. You can calculate EPF (employee provident fund) or the PPF (public provident fund) using the EPF and PPF calculators.
The provident fund calculator calculates the overall estimated PF amount that you will be having when you are retiring.
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Your Accumulated Amount |
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The PPF (Public Provident Fund) is a long term savings scheme offering attractive interest rates by the government of India. The returns earned on the PPF account are exempted from tax and hence employees can opt for the PPF scheme as a tax saving slab in their salaries.
To calculate the total PPF amount at a certain age, you need to enter the current age, the basic monthly salary, employee contribution to PF, employer contribution to PF, the expected annual rate of increase in salary, the desired age of retirement, current PF balance if any and the current interest rate offered for the PPF account. Based on these parameters, the ATS public provident fund calculator calculates the total amount in your public provident fund account at the age of your retirement. Now it is easy to know your secure funds at the age of retirement on a single click. Use the PPF calculator by ATS to know your value of wealth from your provident fund.
Provident fund is a part of your salary that is deducted and saved in an employee Provident Fund account. It is basically a retirement based scheme for salaried employees that help you save a part of your salary for retirement period. The provident fund calculator calculates the overall approximate provident fund amount that you would have saved at the age of retirement. You can calculate EPF (employee provident fund) or the PPF (public provident fund) using the EPF and PPF calculators.