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Legislative Update for PeopleSoft HCM Global Payroll India

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The Central Board of Direct Taxes (CBDT) has amended Form 24Q (4th Quarter) of AY 2021-22. Revised File Format of Form 24Q (4th Quarter) Version 6.7 is made available via Tax Information Network by Income Tax Department. Form 24Q has brought certain changes with regard to the reporting State Code of Employer and responsible person who is paying salary/deduction.

Our position statement has been revised to include these legislative changes and appropriate information on solution delivery. The Position Statement can be found on My Oracle Support, Document ID 2763150.1. We encourage our customers to review the latest statement to keep up to date.

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