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Legislative Update for PeopleSoft HCM Global Payroll India

Paul Smit
Director Product Management
The Finance Minister has presented the budget for Fiscal Year 2017-18 on 1st of February 2017. There are amendments with respect to tax rates, surcharge, tax rebate & deductions from total income. These changes are effective 1st of April 2017. Our position statement has been updated with these legislative changes. We encourage our customers to review the latest Statement to keep up to date. The Position Statement can be found on My Oracle Support, Document ID 2223826.1.

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