Provident Fund Calculator
Project your provident fund: monthly employee and employer contributions on basic salary, the fund's profit rate and annual raises, to see the lump sum at leaving or retirement year by year.
How this is calculated
Each month both contributions (a percentage of basic salary) are added to the balance, which then earns the fund's profit rate compounded monthly. Salary rises once a year by the increase you enter. The year-by-year table shows the closing balance.
Under the Sixth Schedule of the Income Tax Ordinance, an employer's contribution to a recognised provident fund is exempt from tax up to one-tenth of salary (or Rs 150,000 a year, whichever is less), and the accumulated balance is exempt on payment at retirement or leaving after the qualifying period. Government employees' GP Fund earns a rate notified by the Finance Division each year.
Frequently asked questions
- What percentage is provident fund in Pakistan?
- Commonly 8.33% or 10% of basic salary from the employee, matched by the employer; the law does not fix a rate for private employers, the fund's trust deed does.
- Is provident fund withdrawal taxable?
- Payment from a recognised provident fund at retirement, or after the service period in the rules, is exempt. Withdrawing the employer share early or from an unrecognised fund can be taxed as salary.
- Can I take a loan from my PF?
- Most fund rules allow a loan or partial withdrawal for house purchase, marriage, medical or education, repayable in instalments.
Sources
- Provident Funds Act 1925; Income Tax Ordinance 2001 Sixth Schedule Part I (recognised provident funds): Government of Pakistan / FBR
Version 1.0.0 · reviewed 15 Sept 2026. Rates change with the Federal Budget and regulator notifications; we update this tool when they do. Confirm with the primary source before making financial decisions.