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Both compliances require timely filing, accurate employee records, and adherence to due dates to avoid penalties.

πŸ” PF & ESIC – Essential Benefits Every HR & Payroll Professional Must Know!

Managing statutory compliances is a crucial responsibility in HR, and understanding PF & ESIC provisions ensures accuracy, transparency, and employee wellbeing.

Here’s a crisp breakdown of the key points covered in the table πŸ‘‡

βœ… PF (Provident Fund)

Applicable to establishments with 20+ employees

Mandatory for employees earning Basic + DA ≀ β‚Ή15,000

Contributions: 12% employee + 12% employer

Includes Pension Scheme, EDLI, and Admin Charges

Benefits: Retirement corpus, pension, insurance


βœ… ESIC (Employee State Insurance)

Applicable to establishments with 10+ employees (varies by state)

Covers employees earning Gross Wages ≀ β‚Ή21,000

Contributions: 0.75% employee + 3.25% employer

Benefits: Medical, sickness, maternity, disability & dependents benefits


πŸ“Œ Both compliances require timely filing, accurate employee records, and adherence to due dates to avoid penalties.

This comparison helps HR teams ensure proper implementation, compliance readiness, and employee welfare.

Here are the best and most relevant hashtags you can use for your LinkedIn post on PF & ESIC:

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