ESI
Employees' State Insurance: health and sickness cover for workers, paid for by employer and employee contributions.
ESI gives covered workers medical care and cash benefits during sickness, maternity or injury, through ESIC hospitals and dispensaries. A covered business deducts the employee's share, adds its own, and pays both monthly.
Like EPF, whether it applies depends on your staff count and their wages, and it has fixed monthly dates.
Learn it in a lesson
See also: EPF (provident fund)