Page 126 - Tcs News Today

Markets News: NEW DELHI: The combined market valuation of the top 10 most valued firms jumped Rs 1.

The Indian government has clarified that remittances for education and medical treatment expenses will cover associated costs like international travel, local transport, food, and accommodation. Fees paid for correspondence courses from foreign universities that do not require travel overseas will be treated as liberalized remittance scheme (LRS) and face tax collected at source (TCS). R

By calling out the widespread adoption of private crypto currencies as a risk to monetary stability, the RBI has indicated to the market that its stance will only get harder going forward.

MCX hired TCS in September 2021 to design and deploy software for securities trading and market infrastructure. The new software was to replace the existing software before the end of its contract with 63 Moons on September 2022.

Responding to shareholder concerns about the media reports related to TCSs so-called “recruitment scandal”, Chandrasekaran said “the most important thing expected of every employee is ethical conduct and integrity, ahead of any financial performance”.

Here are the deadlines that have been extended and their new dates. Individuals should make sure to finish the tasks to avoid any last moment issues.

If the PAN-Aadhaar linking is done on or after July 1, 2022, a Rs1,000 penalty will be levied. It must be paid in a single challan before submitting your request for an Aadhaar-PAN linkage on the e-filing portal.

Indias startup landscape, meanwhile, is caught in a time warp, with embarrassed investors marking down their stakes in Byjus, an online education company collapsing under the weight of its own reckless growth.

Tata Consultancy Services, the cash cow of Tata Group, had received two whistleblower complaints back in February and March.

The government on Friday said foreign exchange dealers and sellers of overseas tour packages will have to take an "undertaking" from their customers about their past remittances and overseas visits made in a fiscal for the purpose of deducting TCS.