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What is the Impact and Tax Implications of Modifying the Tax Regime? (Doc ID 2788337.1)

Last updated on JULY 01, 2021

Applies to:

PeopleSoft Enterprise HCM Global Payroll India - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Goal

Can an admin modify the Tax regime from Old Regime to New Regime and vice versa as per user request?

  1. When modifying the Tax regime of the employees, what is the impact? Until what period should we allow such modification?
  2. What are the Tax implications?
     

Solution

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In this Document
Goal
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