PF & ESIC Payment
What is it? The mandatory monthly deadline to deposit Provident Fund (EPF) and Employee State Insurance (ESIC) contributions collected during May 2026.

Who needs to pay? * EPF: Every registered establishment employing 20 or more workers.

ESIC: Every registered establishment employing 10 or more workers (20 in some states) with employees earning up to Rs 21,000 per month.

Late Payment
1. EPF: Missing this date triggers penal damages under Section 14B (ranging from 5% to 25% per annum depending on the delay duration) plus a statutory interest penalty of 12% per annum under Section 7Q.
2. ESIC: Delayed payments attract an interest penalty of 12% per annum for each day of default. Additionally, late payments can lead to the denial of corporate tax deductions on the employer's contribution.