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May 19, 2023
The Ministry of Finance on Friday said it decided that any payments by an individual using their international debit or credit cards upto Rs seven lakh per financial year will be excluded from the RBIs Liberalised Remittance Scheme (LRS) limits and hence, will not attract any Tax Collected at Source (TCS).
May 18, 2023
International Credit Card spending outside India would come under the Liberalised Remittance Scheme (LRS) which will result in higher TCS from July 1, 2023.
May 18, 2023
Tax Collected at Source or TCS is similar to tax deducted at source in the sense that it is a tax deduction by a third party on your behalf
May 18, 2023
The credit card issuer will collect the tax when the bill is settled in rupees and can be adjusted against the cardholder’s tax liability when paying taxes
May 17, 2023
Tata Consultancy Services has been recognized as a Leader in the IDC MarketScape for Life Science Sales and Marketing Strategic Consulting Services.
May 12, 2023
MSCI Inc on Thursday, reduced the weightage of 15 Nifty50 stocks as part of its May global index review. Two Adani stocks excluded from Standard Index. Watch this Visual Story to check inclusions, top gainers and top losers.
May 10, 2023
COMPANY NEWS: Nutanix, a leader in hybrid multicloud computing, today announced Nutanix Central, a cloud-delivered solution that provides a single con...
May 5, 2023
TCS Hyderabad received a fake call claiming of bomb threat inside the office on Thursday morning. All the employees were evacuated. However, the police were able to identify the fake caller by the end of the day
May 4, 2023
India's IT giant harnesses internal resources to create generative AI solution for software development acceleration, Technology & Science News, Times Now
May 4, 2023
TCS software company in Madhapur received a threat call stating that there was a bomb planted at its office. Following a phone call from an unknown person, After receiving the call, the management of the company alerted Madhapur police.The police and the bomb disposal team rushed to the software company and evacuated the building. The bomb disposal team carried out an