Employees State Insurance (ESI) is a self-financing social and medical care Insurance plan for Indian laborers administered by the Employees State Insurance Act, 1948. Workers of a qualified association are ensured against financial trouble emerging out of disease, disablement, and passing because of business injury. Every employer to whom the provisions of the act apply shall remit the ESIC amount on or before the 15th of the following month and file returns within the due date prescribed failing which will attract penalty under the said act.

Employees Provident Fund is a retirement advantage for every salaried individual and this asset is kept up with by the Employees Provident Fund Organization of India (EPFO) and any organization having 20 workers or more is needed to enroll with EPFO. During the functioning residency, worker and manager both contribute 12% of the essential compensation of employees into the EPF account. Employee’s whole 12% goes into EPF record and Employer's 3.67 % is moved into EPF record of a worker. Rest 8.33% from employers’ side is redirected in Employees Pension Fund (EPF). Provident fund payments are due on 15th of every month.

Advantages of ESI and PF return filing

• Government assistance of the Employees
• Consistence with Law
• More Social Security
• Advantages of Insurance
• Advantages identified with Taxation