Friday May 31, 2013

Legislative Updates for PeopleSoft Global Payroll India

The Employee’s Provident Fund Organization (EPFO) has introduced Electronic Challan Cum Return (ECR) facility to provide greater transparency and better quality of services.

All Employers who are covered under the Employee’s Provident Funds & Miscellaneous Provisions Act 1952 are required to register their establishment on EPFO website for filing the ECR. The ECR File is a consolidated return for all the monthly and Yearly returns viz. Form 5/10/12A, 3A and 6A which the employer’s use to file earlier separately. Our Position Statement has been revised to include these legislative updates for the respective changes. 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 1532190.1.

Tuesday May 28, 2013

Legislative Updates for PeopleSoft Global Payroll Australia

Legislative Updates for PeopleSoft Global Payroll Australia Fiscal Year Begin Changes As part of the Federal Budget which was announced during 12th of May 2013, there were numerous amendments to Taxation Administration Act 1953. ATO has started releasing tax updates starting May 20th 2013. These releases would continue till mid of June 2013. Let the Oracle/PeopleSoft team help reduce the stress and anxiety of these changing times by staying informed. So keep watching My Oracle Support, Document ID 1532030.1 for details of what is changing as well as targeted delivery dates.

Wednesday May 15, 2013

Lettre aux Payeurs de Mai 2013 / Global Payroll France May 2013 Newsletter

The latest Global Payroll France Newsletter is published on My Oracle Support, Document ID 1553666.1.   In this letter, learn about the latest news about the DSN project and upcoming CICE update, and find useful PeopleSoft 9.2 resources.
La Lettre aux payeurs française de ce mois est disponible sur My Oracle Support, sous le numéro de document 1553666.1. Vous trouverez dans cette Lettre un résumé des derniers travaux  DSN et des informations concernant la prochaine mise à jour relative au CICE (Crédit d’Impôt pour la Compétitivité et l’Emploi), ainsi que toutes les ressources concernant la nouvelle version 9.2. Bonne lecture,

Tuesday May 14, 2013

Legislative Updates for PeopleSoft Global Payroll India

Changes to Form 16

The Income Tax Department has issued a circular Viz. F.No 275/34/2011-IT (B) dated 17/04/2013 listing the amendments to the issuance of Form 16 and the generation process from TRACES. Our Position Statement has been revised to include these legislative updates and the delivery timelines for the respective changes. 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 1532190.1.

Legislative Update for PeopleSoft Global Payroll Malaysia

IRBM (Inland Revenue Board of Malaysia) has announced some amendments to the category of remuneration for the purpose of PCB Calculation. This announcement was made on April 29th, 2013.

Overtime allowance, allowances and commissions ( referring to variable amount paid monthly) are categorized as normal remuneration. Only allowance and commission which are not paid monthly are categorized as additional remuneration. These changes are effective retrospective date of 1st January 2013. Our Position Statement has been revised to include these legislative updates. We advise customers to review our position statement to keep up-to-date. The Position Statement can be found on My Oracle Support, Document ID 1528264.1.

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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.

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