Friday Apr 24, 2015

Legislative Update for PeopleSoft HCM Global Payroll France

The Government of France has announced new rates for Public Transportation (Transports en Ile-de-France) effective from 1st July 2015. These rates will prevail till the end of August 2015 and thereafter except for 3 zones all other zones will follow the same rate. This legislative change is detailed in our position statement made available on My Oracle Support portal under document ID 1968781.1.

Le gouvernement de la France a annoncé de nouveaux tarifs pour les transports publics (Transports en Ile -de-France ) à compter du 1er Juillet 2015. Ces taux auront cours jusqu'à la fin de Août 2015 et par la suite, à l'exception de trois zones, toutes les autres zones vont suivre le même rythme . Cette modification législative est détaillé dans notre énoncé de position disponible sur My Oracle Support sous le document ID 1968781.1.

Legislative Update for PeopleSoft HCM Global Payroll Australia

Oracle has published an updated version on the PeopleSoft HCM Global Payroll for Australia Position Statement to communicate about its development plans and the patch availability related to various upcoming legislative changes including Superannuation Calculations, Employment Termination Payments, TFN Declaration Reporting, SuperStream Data Standards, ComSuper, Single Touch Payroll and more. The document is made available on My Oracle Support under Document ID 1985727.1. We encourage our customers to review the latest Position Statement to keep up to date.

Legislative Update for PeopleSoft HCM Global Payroll India

The government of India established the PFRDA to develop and organize the pension sector in the country. NPS is now applicable to all central/state government employees, individuals & unorganized sector workers. A Corporate would have the flexibility to decide investment choice either at subscriber level or at the corporate level centrally for all its underlying subscribers. Both employer and employee would be eligible for deductions from total income. The Position Statement has been revised to include more details about NPS & the patch availability. Our position statement is available on My Oracle Support under Document ID 1962660.1. We advise customers to review the document to keep up-to-date.

Friday Apr 17, 2015

Legislative Update for PeopleSoft HCM - District of Columbia Wage Theft Prevention Act (WTPAA)

Effective February 26, 2015, the District of Columbia Wage Theft Prevention Act (WTPAA) is in effect. The Act requires employers to provide written notice to each employee based in D.C. containing specific information about the employee’s terms and conditions of employment.  Please visit My Oracle Support Document ID 2000218.1 to view the PeopleSoft Position Statement and obtain more information on this law.

Tuesday Apr 14, 2015

Legislative Update for PeopleSoft HCM Global Payroll Hong Kong

The Employment (Amendment) Ordinance 2014 on statutory paternity leave were announced during February 2015. Male employees with a child born on or after 27 February 2015 are entitled to 3 days’ paternity leave to be taken consecutively or separately for each confinement of their spouse/partner if they fulfill other requirements as stipulated in the law. The Paternity leave will be paid at a daily rate of four-fifths of the average wages. Oracle has updated the position statement to include these legislative updates that is made available on My Oracle Support, Document ID 1963839.1. We advise our customers to review the position statement to keep up-to-date.

Friday Apr 10, 2015

Legislative Update for PeopleSoft HCM Global Payroll India

As a part of Maharashtra state government budget for 2015-16 there are amendments made in the schedule to Maharashtra State Tax on Professions, Trades, Callings and Employments Act. Professional tax is now exempted for women employees drawing salary below Rs.10,000.  The Position Statement has been revised to include details about these legislative updates and the patch availability. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1962660.1.

Tuesday Mar 31, 2015

Legislative Update for PeopleSoft HCM Global Payroll China

PHFSI amendments

There were changes related to Social Insurance for Beijing and Shenzhen region. The notified changes were published in 2015. In order to ensure compliance with these legislative initiatives, Oracle has updated the position statement that is made available on, My Oracle Support, Document ID 1965056.1.

Chinese Version -

从2015年开始,有关北京和深圳地区的最低工资相关的法律变更 已公布。甲骨文的中国版本的信息声明已经根据最新的法律法规 的公布而修改了。我们建议客户及时从My Oracle Support上 去查 看最新修改的信息声 明, 文档编 号:1965056.1.

Friday Mar 27, 2015

PeopleSoft Payroll for North America Tax Calculation Revision in Tax Update 15-B

The PeopleSoft Payroll for North America team would like to notify you that Tax Update 15-B will contain a change to the way the payroll system handles State Reciprocity Calculations for Resident State Aggregate Supplemental Taxation.  I encourage all Payroll for North America customers to review the information in Document ID 1990074.1 on My Oracle Support.

Thursday Mar 19, 2015

Legislative Update for PeopleSoft HCM Global Payroll India

The government of India vide notification no 323 (E) & 324 (E) has reduced the EPF administrative charges to 0.85% subject to minimum amount of Rs.500 per month per establishment  effective 1st January 2015. Additionally we also have amendments made in the schedule to Karnataka State Tax on Professions, Trades, Callings and Employments Act, 1979. As per the amendment, Professional tax is exempted for employees drawing salary below Rs.15,000 and age limit for senior citizen to claim exemption from Professional tax has been reduced to 60 years from 65 years. The Position Statement has been revised to include details about these legislative updates and the patch availability. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1962660.1.

Monday Mar 16, 2015

Legislative Update for PeopleSoft HCM Global Payroll Singapore

Singapore Government has announced Budget during February 2015.  Amendments to Singapore Legislation have impact on Foreign Worker Levy, Higher CPF Salary Ceiling and Higher Contribution Rates for older workers. To ensure compliance with this legislative initiative we have updated our position statement that is made available on My Oracle Support, Document ID 1989835.1. We advise our customers to review the position statement to keep up-to-date.

Friday Mar 13, 2015

Legislative Update for PeopleSoft HCM Global Payroll France

DSN (Déclaration Sociale Nominative)

The Government of France released Phase 3 of Déclaration Sociale Nominative (DSN) on 9th January this year. DSN Phase 3 will be mandatory from January 2016 and private organizations are obligated to report as per the norm. Oracle has updated its position on DSN Phase 3 and details regarding the same can be obtained from the document available on My Oracle Support under Document ID 1968781.1. Further, updates to our earlier position statement for the month of December 2014 is also available on My Oracle Support under Document ID 1926690.1.

Le gouvernement de la France a publié la phase 3 de la Déclaration Sociale Nominative ( DSN ) le 9 Janvier de cette année. DSN Phase 3 sera obligatoire à partir de Janvier 2016 et les organisations privées sont tenues de déclarer selon la norme. Oracle a mis à jour un énoncé de position sur la DSN phase 3 et ces détails peuvent être obtenus dans le document 1968781.1 sur My Oracle Support. En outre, des mises à jour à notre précédent énoncé de position du mois de Décembre 2014 sont également disponibles dans le document 1926690.1 sur My Oracle Support.

Tuesday Mar 10, 2015

Legislative Update for PeopleSoft HCM Global Payroll Australia

There were amendments to FBT rate, bench mark interest rate and reportable fringe benefits. The Position Statement has been revised to include more details about these legislative updates and the patch availability. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1985727.1.

Friday Mar 06, 2015

Legislative Update for PeopleSoft HCM Global Payroll India

The Finance Minister has presented the budget for Financial Year 2015-16 on 28th of February 2015. There are amendments with respect to deductions from total income, exemptions and taxes. These changes are effective 1st of April 2015. Also note that the Finance Bill tabled in Parliament is pending royal assent from The President. The Position Statement has been revised to include more details about these legislative updates and the patch availability. We advise customers to review the position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1962660.1.

Wednesday Mar 04, 2015

Legislative Update for PeopleSoft HCM Global Payroll Australia

The minimum amount to be reported at ‘Lump sum E’ in payment summaries will increase from $400 to $1,200 from 1 July 2015. Payees with a substantial lump sum E amount reported on their payment summary may be entitled to a tax offset. In order to ensure compliance with these legislative initiatives Oracle has published an updated position statement on My Oracle Support, Document ID 1985727.1. We encourage our customers to review the latest Statement to keep up to date.

Thursday Feb 26, 2015

Legislative Update – Federal Contractor Veteran’s Employment Reports VETS-4212

The U.S. Department of Labor published a final rule that reduces reporting requirements for federal contractors and subcontractors who hire and employ veterans under provisions of the Vietnam Era Veteran’s Readjustment Assistance Act of 1974. The final rule revises the VETS-100A Report and renames it to VETS-4212 Report.  The new VETS-4212 Report requires contractors to report specific information on protected veterans in their workforce in the aggregate, rather than for each category of veterans protected under the statute, reducing the required reporting elements by almost half.

For complete information on planned functionality as well as PeopleSoft's Position Statement on VETS-4212, see Document ID 1983041.1.

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This blog is dedicated to topics focused on legislative updates to PeopleSoft Applications including Human Capital Management and Financials.

For other useful information about PeopleSoft Applications see the PeopleSoft Applications Strategy Blog.

For information about PeopleTools see the PeopleSoft Technology Blog.

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