Introduction
EPF Gross Wage In ECR Is Now Optional Effective From 1 April 2017
The Employees’ Provident Fund Organisation (EPFO) has made it optional for employers to report the gross wage of their employees in the Electronic Challan cum Return (ECR) from 1 April 2017. This move is aimed at reducing the compliance burden on employers. The EPFO has also made it optional for employers to report the contribution of the employer and employee in the ECR. However, employers are still required to report the total contribution of both the employer and employee in the ECR.
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EPF Gross Wage In ECR Is Now Optional: After launching unified PF portal there are lot of changes have taken place in uploading ECR file ( Electronic Challan cum Return File ), updating KYC details and addition of employee missing details in unified Portal. As we all know after introducing unified PF portal there are some extra fields were added in unified portal employer login and also in ECR file which we used to make monthly PF contributions of employee and employer.
EPF Gross Wage In ECR Is Now Optional
In that the most surprising thing is Employee Provident Fund Organization has added a field called Gross Wage, which has to be filled during generation of UAN number and also in filling ECR file. Earlier it was not there in ECR file. But recently EPFO has withdrawn it’s decision of entering gross wages of employees during ECR returns.
Also Read : How To Add Employee Missing Details In Unified PF Portal
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As per the latest decision taken by Employee Provident Fund organization from 1 April 2017 there is no need to add gross wages of employees in ECR file. EPFO made it optional, if employer wants to add gross wage of employee then they can add, if they don’t want to add those details then it is not mandatory to enter gross wages of employees in ECR file. EPFO is also making changes to EPF unfied portal software to run according to these changes and these changes will be effected form 1 April 2017.
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EPF Gross Wage In ECR Is Now Optional Effective From 1 April 2017
The Employees’ Provident Fund Organisation (EPFO) has made it optional for employers to include gross wage in the Electronic Challan cum Return (ECR) from 1 April 2017. This move is expected to reduce the compliance burden on employers.
The EPFO has issued a notification in this regard, which states that employers can now choose to include gross wage or basic wage and dearness allowance (DA) in the ECR. This is applicable to all establishments registered with the EPFO.
The notification also states that employers can choose to include gross wage in the ECR if they wish to do so. However, the employer must ensure that the amount of contribution is calculated on the basis of the gross wage.
The notification further states that the employer must ensure that the amount of contribution is calculated on the basis of the gross wage and the same is reflected in the ECR. The employer must also ensure that the amount of contribution is credited to the EPF account of the employee.
The notification also states that the employer must ensure that the amount of contribution is credited to the EPF account of the employee within the prescribed time limit. The employer must also ensure that the amount of contribution is credited to the EPF account of the employee in the prescribed manner.
The notification also states that the employer must ensure that the amount of contribution is credited to the EPF account of the employee in the prescribed manner and the same is reflected in the ECR. The employer must also ensure that the amount of contribution is credited to the EPF account of the employee within the prescribed time limit.
The notification also states that the employer must ensure that the amount of contribution is credited to the EPF account of the employee in the prescribed manner and the same is reflected in the ECR. The employer must also ensure that the amount of contribution is credited to the EPF account of the employee within the prescribed time limit.
The EPFO has taken this step to reduce the compliance burden on employers and to ensure that the amount of contribution is credited to the EPF account of the employee in the prescribed manner and the same is reflected in the ECR.
