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HR, Attendance & Payroll

PF (Provident Fund)

A retirement savings scheme where both employer and employee contribute a percentage of salary.

Provident Fund (PF) or EPF (Employees' Provident Fund) is mandatory for establishments with 20+ employees.

Contribution

  • Employee: 12% of basic salary
  • Employer: 12% of basic salary (split into EPF and EPS)

Funds accumulate with interest and are withdrawable upon retirement or resignation.

See PF (Provident Fund) in Action

Don't just read about PF (Provident Fund). See how Karygar automates this process to reduce manual work and errors on your factory floor.

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Related Tools & Calculators

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Salary Calculator

Break down CTC into net take-home pay after deductions (tax, PF, etc.).

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PF & ESI Calculator

Compute Provident Fund and ESI contributions based on salary.

Related Resources

Detailed Guides

Deep dive into manufacturing best practices and implementation strategies.

Excel Templates

Download free formats for PF (Provident Fund) tracking and management.