Understanding ESI and PF: Can Someone Explain These HR Essentials?

shiya17hr
Dear all, I am Shiyamala Gowri and working as an HR in a textile showroom. Can you please let me know about the ESI and PF briefly?
Harsh Kumar Mehta
It will be difficult for any expert or HR consultant to summarize the provisions of the ESI Act, 1948, and EPF & M.P. Act, 1952, and the rules/regulations framed thereunder in a few words. It will be even better if you download the Acts/rules/regulations, etc., and other instructions from the official websites of ESIC & EPFO.

After reading/going through such Acts/rules/regulations, if you have any doubts, I think it will be more beneficial for you to raise such specific issues in these columns. I believe experts/experienced HR people will offer their views accordingly.
mukesh hr
Provident Fund (PF) Contributions

Provident Fund, Basic + DA is below Rs. 6500/-, there are two contributions:
1. Employee
2. Employer

If Basic + DA is above Rs. 6500, only one contribution is made.
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