India Federal Budget 2011-12
We have published a MOS note with reference to India Federal Budget 2011-12 for EBS. Note id is 1299662.1 which is available at
the
E-Business Suite Financials Legislative Updates Center
. Development efforts are required for enabling compliance on revised Point of Taxation Rules for Service Tax. The new regulation will come into effect from April 1, 2011. Development team is working on the solution approach for mapping the revised regulatory requirement. We will advise the ETA for this patch shortly.
Regards
Srinivas Gadde.