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Is TCS applicable if NRIs transfer the proceeds of property sale?

NRIs are allowed to remit upto $1 million in a financial year from the balance held in their NRO (non-resident ordinary) account or from the sale proceeds of a property held in India. ....

Nri Taxation , Property Sale , Non Resident Indians ,

Dunzo asks rainmaker Reliance for more monies; OneCard, WintWealth apply for NBFC licences

A week after ET reported that Dunzo may lay off more employees after the April carnage when it cut 300 jobs, more bad news is coming. The quick commerce company is turning to Reliance Retail, its largest investor, for a fresh cash infusion. It is not known if Reliance will oblige. This and more in todays ETtech Morning Dispatch. ....

Soumyajit Saha , Aravind Murthy , Kabeer Biswas , Praveen Dass , C Sumit Anand , Srikrishna Swaminathan , Debashis Chatterjee , Indian Bank , Dunzo Merchant Services , Credit Enablement Network , Network For Digital Commerce , Tata Consultancy Services , Reliance Retail , Dunzo Daily , Dunzo Merchant , Dalvir Suri , Wint Wealth , Federal Bank , South Indian Bank , Reserve Bank , Bessemer Venture Partners , Unified Payments Interface , Open Network , Digital Commerce , Open Credit Enablement Network , Vidur Puri ,

Deepak Shenoy: Not a time to take low risk bets in equity markets: Deepak Shenoy

So even in this quarter or the next, so it will probably be the December quarter that will tell us most of the differences. One has just hold on I guess, if you are thinking longer term. Otherwise, I think a lot of other players are doing really well in the market. IT is not the only game in town. ....

Deepak Shenoy , Jio Financials , Capital Mind , Route Mobile , Stock Price , Hcl Tech ,

IT sector: IT firms eye fixed price projects to improve margins

Fixed-price projects allow better cost control and a greater ability to introduce automation in projects and expand margins. By contrast, ‘time and material control are directly linked to the number of people hard-locked to billable projects. ....

It Sector , It Firms , Tata Consultancy Services ,

infosys: Infosys signs five-year AI deal with $2 billion target spend

This comes a few days ahead of its first quarter results scheduled to be announced on Thursday, Infosys pegged its FY24 growth around 4-7% its slowest revenue expansion in six years. A few brokerages also expect the upper-end of the guidance to be trimmed due to weak macros. ....

Tata Consultancy Services ,