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Oracle Payroll For India

Oracle Payroll for India is a cloud-based solution that streamlines payroll processing while ensuring compliance with local regulations. It offers features like automated workflows, real-time analytics, and support for statutory deductions, enhancing efficiency and accuracy. The system is designed to simplify payroll management across multiple locations, allowing organizations to focus on improving employee experience and achieving business goals.

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0% found this document useful (0 votes)
43 views2 pages

Oracle Payroll For India

Oracle Payroll for India is a cloud-based solution that streamlines payroll processing while ensuring compliance with local regulations. It offers features like automated workflows, real-time analytics, and support for statutory deductions, enhancing efficiency and accuracy. The system is designed to simplify payroll management across multiple locations, allowing organizations to focus on improving employee experience and achieving business goals.

Uploaded by

prerna23198
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Oracle Payroll for India

Oracle Payroll, an integral part of Oracle Fusion Cloud


Human Capital Management, is a fully unified solution that
enables you to comply and configure your payroll across the
globe regardless of the industry, company size, or worker
types. Oracle Payroll helps you simplify and automate your “Customers saw
improvements in
complex business processes with scalability, flexibility, and
payroll processing
efficiency. (time) by an average
of 56%, driving
Work more efficiently efficiency and
Redesign the way you work with automated Payroll Workflows and Dashboards that help accuracy...”
you define important tasks and steps to confirm accurate processing of your payroll.
2020 Oracle Cloud HCM
Oracle delivers intelligent features to make your processes
Benchmark Study
more efficient. The RetroPay feature provides an easy solution for post period adjustments
to employees’ earnings and deductions based on pay rate changes,
and benefit elections, so you can rest assured that your employees get paid what they’re
owed—no matter when the event occurs. Then there’s also the full integration with HCM Key benefits
Data Loaders (HDL/HSDL) to streamline mass loads and updates. These features and many  Automated retroactive
more simplify the overall payroll process and boost your productivity. calculations

 Drive efficiency


Get control over your business Highly configurable

 Increase accuracy
Many organizations struggle with analyzing payroll information across multiple systems.
 Enhance employee
It’s time consuming, and when data is finally pulled together, it’s typically outdated. Oracle
experience
provides pre-built and customizable analytics that provides readily accessible enterprise-
 Decrease compliance risk
wide data in real-time. It’s an easy-to-use tool designed specifically for you to quickly
 Simplify payroll processing
analyze your payroll business. Armed with more insight into your workforce operations,
 More flexibility and control
your teams are better positioned to make quick and informed decisions that drive a greater
 Leverage HCM Suite
value to your business.
 Reduce Total Cost of
Ownership (TCO)
Oracle Payroll for India
Oracle payroll for India is natively built for the cloud and designed to enable organizations
paying employees in India to efficiently process a high quality, accurate, and timely
payroll. Oracle streamlines the payroll process and provides better alignment across HR,
Finance, and Operations. With everyone on the same page, organizations will be more
efficient with more time to focus on improving the employee experience and focus on
higher value activities that support the organizations goals and objectives. Key features for
India include:

1 Data Sheet / Oracle Payroll for India


Copyright © 2025, Oracle and/or its affiliates
Last Updated: June 2025
PAYROLL PROCESSING STATUTORY COMPLIANCE
 Salary processing including allowances,  Data capture and calculation of statutory
perquisites, and bonuses deductions including Income Tax, Professional
Tax, Provident Fund, Employee State
 Flexible Benefits Plan enabling employees to
Insurance, Labor Welfare Fund and National
restructure their salary components according to
Pension Scheme
their preferences
 Support for tax exemptions under section 10
 Processing of statutory and voluntary deductions
including House Rent Allowance (HRA), Leave
 Investment declaration process including House Travel Assistance (LTA), leave encashment,
Rent, Income from House Property, Chapter gratuity, Voluntary Retirement Scheme (VRS),
VIA deductions, and other income through commuted pension, retrenchment
employee self-service compensation, scholarship allowance, and
allowances u/s 10 (14) etc.
 Online proof submission, verification, and
approval of investments  Provident Fund for international workers

 Tax regime selection after income tax  Income from House Property and Chapter VIA
comparison through employee self-service Deductions
 Previous employment Information for Income  TDS Challan Storage and TDS Challan Mapping
Tax (IT) calculation
 Online bill submission and approval for
allowances under section 10 STATUTORY REPORTING
 Proration and arrears processing  Form 24Q

 Termination payroll processing with automated  Form 12BB


processing of termination allowances required
 Form 12BA
for Full and Final Settlement (FFS) with
QuickPay feature  Form 16 (Digital Signature)

 Reconciliation and operational payroll reporting  Provident Fund ECR

 Configure payslips (paper, online, and email)  ESI Monthly Contribution (MC) Report

 View and verify Statement of Earnings  Professional Tax Return

 Electronic Funds Transfer (EFT) for payments

 IT Computation Sheet

Manage your payroll across the globe


Managing payroll in multiple locations increases complexity, thus incurring additional costs, and
making it difficult to stay on top of compliance. With Oracle, you can efficiently pay your
employees in over 200 countries with ease. Your administrators can use our Fast Formula feature
to manage complex processing rules and calculations, without the need to perform complex
coding. No matter where you do business, we help you manage your organization’s needs.

Connect with us

Call +1.800.ORACLE1 or visit [Link]. Outside North America, find your local office at: [Link]/contact.

[Link] [Link]/oracle [Link]/oracle

Copyright © 2023, Oracle and/or its affiliates. All rights reserved. This document is provided for Oracle and Java are registered trademarks of Oracle and/or its affiliates. Other names may be trademarks
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2 Data Sheet / Oracle Payroll for India


Copyright © 2025, Oracle and/or its affiliates
Last Updated: June 2025

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