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IN : NPS Employer Contribution Exemption Is Not Calculated Under New Tax Regime After Applying India Budget Changes for FY 2023-24 Patch (Doc ID 2946842.1)

Last updated on OCTOBER 18, 2024

Applies to:

Oracle HRMS (India) - Version 12.2 and later
Information in this document applies to any platform.

Symptoms

Problem Statement:

NPS employer contribution exemption is not calculated under New Tax Regime after applying India Budget Changes for FY 2023-24 patch. The exemption u/s 80CCD2 was calculated before applying the patch for New Tax Regime.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:

  1. Apply patch 35076622:R12.PAY.C
  2. Navigate to India HRMS Manager
  3. Run QuickPay
  4. On QuickPay form click on View Results >SOE

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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