EPF Calculator1.0.0
Publisher Description
It is a calculator app which calculates the epf corpus amount that will be available when one retires in accordance to th given input. All the inputs are mandatory to be provided. The app also suggests the percentage of the basic salary the employee must dedicate to the EPF account in order to achieve desired EPF corpus. A pie chart is also displayed with break up of the corpus amount in order to better understanding of the EPF corpus.
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.
About EPF Calculator
The company that develops EPF Calculator is Kansapps. The latest version released by its developer is 1.0.0. This app was rated by 12 users of our site and has an average rating of 4.3.
To install EPF Calculator on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2016-02-18 and was downloaded 510 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the EPF Calculator as malware as malware if the download link to com.kansapps.app.EPFCalc is broken.
How to install EPF Calculator on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the EPF Calculator is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by EPF Calculator will be shown. Click on Accept to continue the process.
- EPF Calculator will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
