ESOP Vs ESPS

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what's the difference between ESOP and ESPS .. ESOP covered under 62(1)(b) what about ESPS?
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UNDER ESPS EMPLOYEE CAN PURCHASE THE SHARES AT THE DISCOUNTED PRICE . EMPLOYEE CONTIBUTE IN ESPS AFTER DEDUCTION FROMM THEIR PAYROLL

UNDER ESOP, EMPLOYEE HAVE THE OPTION TO TO PURCHASE THE SHARES AT THE PREDETERMINED PRICE. IT IS JUST THE OPTION TO AVAIL OR NOT TO AVAIL

Sir which is covered under 62(1)(b(? among them

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