Question
As an employer I want to confirm the monthly deadline for depositing PF and ESI to avoid penalties.
Answer
Both EPF and ESI contributions must be deposited on or before the 15th of the following month. For example, contributions deducted from March salaries are due by 15 April. There is no grace period for EPF, so the 15th is the hard deadline. Late EPF payment attracts interest at 12% per annum plus damages under Section 14B, while late ESI also draws 12% interest from the day after the due date and possible damages if the delay exceeds two months. Always file the ECR or challan and pay together to stay compliant.
This answer is general information based on the law as it stood when written and is not professional advice on your specific situation. Verify the current position and consult a qualified professional before acting. See our disclaimer.