Tag: tcs
india inc: India Inc walks the extra mile to keep employees healthy
Zomato has a new CFO, but his role isn’t related to company financials in the slightest. Last week, Deepinder Goyal, chief executive of the online…
gst gaming firms divided: Gaming companies differ on tax formula ahead of GST Council’s second meet
As the GST Council is set to meet for a second time in less than a month to discuss taxation of online gaming, a difference…
Forex spend tax: FAQs awaited on many aspects
(This story originally appeared in on Jun 30, 2023) NEW DELHI: Anil Singh’s daughter studies at a design school in Europe and shares an apartment…
Confusion persists on post-Oct 1 TCS regime
New Delhi: Confusion persists over the applicability of TCS (tax collected at source) up to 20% from October 1 on foreign remittances through international credit…
TCS roll-out moved to Oct 1 amid pushback
The government on Wednesday “suspended” its decision to charge up to 20% TCS (tax collected at source) on foreign remittances through credit cards under the…
Overseas spending using credit card won’t attract TCS
Overseas credit card spending and transfers upto Rs 7 lakh under the Liberalised Remittance Scheme will not face tax collected as source, the finance ministry…
Confusion on LRS tweak days before rollout; junk it: Experts
With the July 1 deadline for its controversial tax on international credit card spends looming, the government is still working on knotty issues to evolve…
‘Bribes-for-jobs’ scandal: ‘No fraud by us’, says Tata Consultancy Services
Tata Consultancy Services (TCS) has refuted allegations of ‘fraud’ in its recruitment process, as it responded to media reports of a ‘bribes-for-jobs scandal’ rocking the…
Why has India’s corporate tax mop-up failed to match the pace of personal income-tax collection?
Back in 2010-11, India’s corporate tax mop-up was twice its personal income tax (PIT) collection. Now both are almost equal. In the past decade, the…
Tcs: This is the right time for trade between India and US to grow exponentially, especially in tech: Chairman, TCS North America
WASHINGTON: With India’s growth story attracting a large number of US companies, especially in the technology sector, this is the right time for the bilateral…