Page 42 - Tcs News Today

Year 2023 will be remembered for Generative AI which is becoming a part of every industry. Similarly, every industry is set to be lit with a new wave of innovation. The ‘Future of Jobs report by the World Economic Forum (TCS is a strategic partner to the WEF), estimates that 12 million more net jobs will be created by AI, than displaced by it, by 2025.

Apart from Tata Consumer, Tata Consultancy Services (TCS), Titan, Tata Motors, Tata Steel, and Trent have crossed the market cap of Rs 1 lakh crore. Earlier in December, Trent had become the fifth listed company of the Tata Group to achieve this feat.

Ratan Tata needs no introduction. Industrialist, entrepreneur and Tata Sons Chairman emeritus is well known for his philanthropic activities. Here are some interesting and unknown facts about the business tycoon that you might not be aware of

In detailed guidelines, the CBDT said TCS will be collected on the gross amount charged to the customer. In case the buyer receives a discount, the TCS will be on the final invoice raised to the buyer irrespective of whether the first e-commerce operator is offering the discount or the second. The CBDT also said in case of purchase of goods which are not under the purview of Goods and Services Tax, the TDS will be applicable on the amount without including state levies, VAT or other tax.

​​The difference of 21% in these returns has been the highest since 2007 according to the data from Bloomberg. TCS and ITC, each of which has 9% weight in the dividend index, recorded double digit returns of 16% and 36% respectively in 2023 while HCL Technologies with 5% weight gained 42%. NTPC, Coal India, and Power Grid Corporation of India were other index constituents which gained handsomely in 2023.

The PE ratio is calculated by dividing the price of a stock or an index by the earnings per share , or EPS, (net profit divided by the number of common shares outstanding). For example, if a stock is trading at ₹50 and its earnings per share is ₹10, then the PE ratio is 50/10=5.

Amid social media posts regarding communication from the I-T department regarding mismatch in TDS/TCS deductions and ITR filing data, the income tax department said such communication is to facilitate the taxpayers and make them aware of the information available with the I-T department regarding the transactions reported by the Reporting Entities during the year.

Several businesses have created big value for investors amid fluctuating economic environment. ET Wealth explores the finer details of Motilal Oswals 28th Annual Wealth Creation study.

India Business News: NEW DELHI: The combined market valuation of three of the 10 most valued firms jumped Rs 70,312.

As the new year approaches, travelers heading to Schengen countries may face increased costs, with various European destinations implementing tourist taxes. In a contrasting move, many countries announced plans to cancel visa requirements for visitors.