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 Marginal relief in New Tax Regime now available
India Budget Marginal relief in New Tax Regime is now available in My Oracle Support.
Patch Information
Release 12.2: 35348507:R12.PAY.C
This patch delivers updates on top R12.2.HRMS RUP 16 in 12.2.
Please be sure to carefully go through all the readme's before beginning to install this patch.
India Budget Marginal relief in New Tax Regime
India Budget 2023 announced Marginal relief in New Tax Regime, under section 87(A) for cases where calculated tax amount is greater than excess income above 7 lakhs limit. This patch delivers changes to provide marginal relief in such cases.
This patch includes patch 35076622:R12.PAY.C which delivered