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Surcharge for employees above 1 Cr.

m4abrams
Participant
0 Kudos

Hi.

I am new to the functional side of HCM, so please do bear with me.

I have the following issue:-

An employee has a salary of above 1 Cr and there will be a INCOME TAX Surcharge levied on him as per the Indian Govt.

In the PC_PAYRESULTS the Surcharge has been deducted correctly for months before April 2014 but when running the payroll for April 2014 this surcharge is not seen in the RT Table.


Please let me know if this is STANDARD or a solution to the same.

Thanks.


P.S. The client has implemented SAP note 1829618


Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Hi ,

There is a specific note SAP Note 1994522 delivers the changes related to the Interim Budget for FY 2014 – 2015.  With the announcement of Interim Budget 2014, in February 2014, a surcharge of 10% is applicable on taxable income above one crore. This surcharge was applicable only for Financial year 2013 - 2014, however, now it has been extended for current financial year and onwards.

Please implement this note and check........

Bala

m4abrams
Participant
0 Kudos

HI

Thank you for replying.

>The hyperlink in your reply is inactive... can u send the link again? I could not find anything online related to SAPNote 1994522.

>Just to be clear, To fix this issue for this year I will have to install this SAPnote 1994522. Also will I need to install the newer SAP notes for the next year as well 2015-2016 if the same issue happens next year?

Thanks.

Former Member
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hi,

u just provide this note  to ur basis team they will implement this note......

and there is some config changes in the note you can download from service .sap/support. tell ur basis team to provide the document change accordingly....

Bala

Answers (1)

Answers (1)

m4abrams
Participant
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I have attached a screenshot of the SAP NOTE 1994522 for further reference

chetangaikwad
Participant
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Hello,

You need to extend the date of "40INSRC"  to 31129999 from Table "T596F" with Module as "SURCH04".

With Regards,

Chetan

ramakrishna_b9
Participant
0 Kudos


hi,

  abraham have you implemented that not whether it is working fine i also having same problem let me know what are the configaration you changed if implemented that  just give me briefly

thanks & regards

ramakrishna