Page 140 - Tcs News Today

RBI has advised the public to deposit their ₹2,000 notes into their bank accounts and/or exchange them into bank notes of other smaller denominations at any bank branch until 30 September.

The combined market valuation of seven of the top-ten most valued firms jumped Rs 1,51,140.39 crore last week, with Reliance Industries and Tata Consultancy Services emerging as the biggest gainers. Mcap of 7 of Top-10 Most Valued Firms Jumps Rs 1.51 Lakh Crore; Reliance, TCS Biggest Gainers.

Forex cards, cash for foreign spends are kept out of the ₹7 lakh TCS exemption limit, unlike credit/debit cards.

Apart from paying Tax Collected at Source (TCS) on foreign remittances and on purchases of overseas tour packages, you also have to pay TCS if you buy a car that costs over Rs 10 lakh.

The Container Store Group (NYSE:TCS – Get Rating) issued an update on its FY 2023 earnings guidance on Friday morning. The company provided earnings per share guidance of $0.21-$0.31 for the period, compared to the consensus earnings per share estimate of $0.75. The company issued revenue guidance of $885.00 million-$900.00 million, compared to the consensus […]

The government is attempting to link tax collected at source for payments made by individuals with tax deducted from their income sources, a move that will help in ensuring cash flows of the individual taxpayers are not impacted, according to a senior official.

Tata Consultancy Services has been recognized as a Leader in Everest Groups PEAK Matrix® for Intelligent Process Automation Solutions, for the third consecutive year.

Simply put, with this TCS and TDS linkage a salaried individual's TDS will automatically come down if he or she has to pay tax TCS on foreign transactions., Personal Finance News, Times Now

Action of prosecution can’t be launched in case of defaulters below Rs 25 lakh. CAs submit memorandum to principal commissioner of Income Tax Department. 

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