Reporting of “Gross Wages” in Electronic Challan cum Return (ECR) made optional effective 1 April 2017:
Online filling of Provident Fund Returns becomes mandatory for all the employer since April 2012 after the launch of online ECR. "Gross Wages" in December 2016, the Employees’ Provident Fund Organisation (EPFO) revised the format of ECR and made it mandatory.
As per the Frequently Asked Questions (FAQs) issued by the EPFO, “Gross Wages” means total emoluments payable to the employee for the month for which ECR is being filed. However, there was lack of clarity on whether “Gross Wages” included various reimbursements made and benefits provided by an employer to an employee.
The EPFO has issued a news update on its web portal stating that “Gross Wages” in ECR is now optional and the change in ECR software will be made available from 1 April 2017. This might bring huge relief to employers as the additional compliance burden to report “Gross Wages” is now optional.
This changes in software will be available soon...
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