Compliance enablement approach for New Income Tax Act'2025 applicable from 01-APR-2026
Hi All
As we all know that new income tax act' 2025 is notified and applicable from 01-APR-2026 hence its very important to configure the requirement in application so that TDS and TCS is calculated and accounted seamlessly in the application.
In order to configure the revised section references and thresholds Oracle has provided its compliance enablement approach in the below document:
Oracle E-Business Suite Release 12: India - Income Act 2025 - PNEWS2979
We request everyone to go through the document attached. Kindly start configuring the application as per the document in order to avoid last minute rush.