Compliance

PF calculation: a practical overview

PF is one of the most common statutory deductions in payroll. Rates and wage bases can change.

By MSV FinTech Solutions · Published 2026-02-18 · Updated 2026-02-18

Provident Fund contributions are usually calculated on a defined wage base for eligible employees.

Employer and employee contributions, plus related administrative charges where applicable, should be confirmed against current EPFO guidance.

This article is informational. Use current official rates and applicability rules before processing payroll.

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