Fusion Qatar Payroll - Social Insurance Contributory Salary Maximum Limit - January 2023
(Doc ID 2920534.1)
Last updated on JANUARY 11, 2023
Applies to:
Oracle Fusion Global Payroll Cloud Service - Version 11.13.22.10.0 and laterInformation in this document applies to any platform.
Goal
Effective 3 January 2023, the following updates have been introduced for Qatari employees:
1. A maximum social insurance contributory salary of 100,000 QAR has been introduced.
As an exception, employees whose monthly contributory salary exceed 100,000 QAR before April 19th 2022, can continue to pay contributions according to their actual salary, if they choose to.
However their contributory salary must be fixed at the above mentioned date and cannot increase in the future.
2. Housing Allowance, up to 6,000 QAR, will be considered for the Social Insurance (SI) contributory salary
Solution
To view full details, sign in with your My Oracle Support account. |
|
Don't have a My Oracle Support account? Click to get started! |
In this Document
Goal |
Solution |