[Contributing Authors: Oracle Asia Pacific Payroll Development]

 

India Budget changes for FY 2020-21 [Finance Act, 2020] are now available.

Patch Information

Patch Contents

The following India Budget changes for FY 2020-21 are delivered:

  1. Amendment to Section 80EEA
  2. Amendment to Taxation of Employer Contributions
  3. New Income Tax Regime

Patch README

Document 2657604.1 – India Budget Changes for FY 2020-21 (Finance Act, 2020) for Payroll

Please review the patch readme available in the patch download area on My Oracle Support for the installation instructions and the functional readme listed above.

HRMS Mandatory & Recommended Patch Information for the Asia Pacific

For the complete R12.1.x HRMS Mandatory Patch List, see My Oracle Support Knowledge Document 874563.1

For the complete R12.2.x HRMS Mandatory Patch List, see My Oracle Support Knowledge Document 1670198.1

Mandatory Pre-requisite Patches

R12.HR_PF.B.Delta.12 and R12.HR_PF.C.Delta.13 are the lowest level of HRMS Release Update Pack (RUP) on which India Payroll customers are supported for 2019-2020 year-end processing and statutory updates effective from April 2020.

If you experience any issues with this patch, please log a Service Request on My Oracle Support, product: Oracle HRMS (India)

 

Stay Safe.
Regards,
Oracle Asia Pacific Payroll Development