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Legislative Update for PeopleSoft HCM Global Payroll India

The Central Board of Direct Taxes (CBDT) has amended Form 24Q to align with Form-16 with respect to Chapter VI-A Deductions. The Revised File Format for Form 24Q (4th Quarter) Version 6.5 is made available via Tax Information Network by Income Tax Department on December 27, 2019.

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 2626375.1. We encourage our customers to review the latest statement to keep up to date.

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