TD> Tax Amount Is incorrectly Calculated in Case TD Is Partially Redeemed 2nd time (Doc ID 2449929.1)

Last updated on DECEMBER 24, 2021

Applies to:

Oracle FLEXCUBE Universal Banking - Version 12.0.87.1.0 and later
Information in this document applies to any platform.

If the TD is redeemed more than once, in case there is a tax rate change in between the life cycle of TD, the tax amount calculated in incorrect.

As per our observations the tax amount calculation is bucketed.

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