Thursday Oct 03, 2013

Legislative Update for PeopleSoft Global Payroll India

Revised data structure for e-TDS and e-TCS returns effective Q2,FY13-14.

NSDL has announced the data structure of quarterly e-TDS / TCS statements version 4.6 for Quarters Q1-Q3 and version 4.8 for Q4. The changes are applicable for Financial Year 2013 - 14 and is effective Q2, which is due for submission 15th Oct 2013. Our Position Statement has been revised to include these legislative updates. 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.

Monday Jul 08, 2013

Legislative Update for PeopleSoft Global Payroll India

Revised data structure for e-TDS and e-TCS returns effective July-2013

NSDL has announced the data structure of quarterly e-TDS / TCS statements version 4.4 for Quarters Q1-Q3 and version 4.6 for Q4. The changes are applicable for Financial Year 2013 - 14 onwards. Our Position Statement has been revised to include these legislative updates. 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 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.

Tuesday Apr 23, 2013

Legislative Updates for PeopleSoft GLobal Payroll India

As part of the 2013 Budget, the Madhya Pradesh and Gujarat states have announced amendments to the Tax on Professions, Trades, Callings and Employments Act. There are changes to Professional Tax slabs which are effective 1st of April 2013.  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.

Monday Oct 29, 2012

Legislative Updates for Global Payroll India


Data Structure Changes to F24Q File

The Income Tax Department has revised the data structure in which TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) quarterly returns need to be filed.

This has an impact on the Q4 returns filed for the financial year 2012-13. The Change in FVU 3.6 (File Validation Utility) will accept submission of e-TDS returns in the revised data structure only.

Our Position Statement has been updated. 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 1401142.1

Thursday Jun 21, 2012

Global Payroll India - Labour Welfare Fund for State of Haryana

The Legislature of State of Haryana has issued a Haryana Govt. Gazette notification through which the Section – 9(A) of Punjab Labour Welfare Fund Act, 1965 has been amended with the retrospective date. According to the amendment the employer and employee contribution rates have been revised.

Position Statement has been revised to include this legislative update. We advise customers to review the position statement to keep up-to-date. Position Statement can be found on My Oracle Support , Document ID 1401142.1.

Monday Jan 30, 2012

Keeping Up to Date for legislative Changes for Global Payroll India

Let the Oracle PeopleSoft team help reduce the stress and anxiety of these legislative changes by staying informed. PeopleSoft is working hard to get you the information you need with just one click. 

Our recent Position Paper covers  new legislation for the Karnataka Labour Welfare Fund Contribution rates for Global Payroll India.  Please click here to go to My Oracle Support to read Document ID 1401142.1. 
About

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.

Search

Archives
« April 2014
SunMonTueWedThuFriSat
  
1
2
3
4
5
6
7
8
9
10
11
12
13
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
   
       
Today