Announcements for Payroll and OTL can now be found in the Announcements - Payroll and OTL - EBS (MOSC) subcategory. Follow to be sure you don't miss a thing!
Announcement : India Budget changes for FY 2020-21 are now available
India Budget changes for FY 2020-21 [Finance Act, 2020] are now available.
Patch Information
Release 12.1 - Patch 30840291:R12.PAY.B
Release 12.2 - Patch 30840291:R12.PAY.C
Please note that the post-install steps detailed in the patch README are required.
Patch Contents
The following India Budget changes for FY 2020-21 are delivered:
- Amendment to Section 80EEA
- Amendment to Taxation of Employer Contributions
- New Income Tax Regime
Patch README
Please see the following README on My Oracle Support for full details:
Document 2657604.1 - India Budget Changes for FY 2020-21 (Finance Act, 2020) for Payroll
Please note that the functional readme listed above do not contain detailed patch installation instructions.