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budget takeaways: TCS coming back to 5% from 20%; there's a PLI for R&D and innovation: Rohinton Sidhwa, Deloitte India

Deloitte India partner Rohinton Sidhwa discusses the changes in the TCS rates imposed on foreign exchange remittances. The TCS rate has been reduced from 20% to 5% in many categories. There are also potential changes in the calculation of agricultural income. The finance minister mentioned a PLI for R&D and innovation with a funding of Rs 1 lakh crore. There is also a focus on credit to the tourism sector. Sidhwa believes that the revenue growth assumptions are conservative and expects an increase in tax collection due to rising incomes and an expanding tax net. ....

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Stocks in news: Stocks in news: PB Fintech, Maruti, L&T, Sun Pharma, TCS

PB Fintech reported strong numbers for the quarter ended December, with the company posting a consolidated net profit of Rs 38 crore, against a loss year ago. ....

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Budget 2024: EasyMyTrip CEO Nishant Pitti anticipates tourism boost in upcoming Union Budget | Business

Budget News: EasyMyTrip CEO Nishant Pitti anticipates a tourism boost in the upcoming Union Budget 2024. Find out his expectations and insights for the budget. ....

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wipro job cuts it company may be laying off 'hundreds' of mid-level executives |

Wipro is cutting jobs to enhance margins. Its December quarter margins were lower compared to TCS, Infosys, and HCL Technologies. Mid-level roles at o ....

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The Container Store Group (NYSE:TCS) and Bed, Bath & Beyond (NASDAQ:BBBYQ) Critical Comparison

The Container Store Group (NYSE:TCS – Get Free Report) and Bed, Bath & Beyond (NASDAQ:BBBYQ – Get Free Report) are both small-cap consumer discretionary companies, but which is the better stock? We will compare the two businesses based on the strength of their risk, profitability, institutional ownership, dividends, earnings, analyst recommendations and valuation. Profitability This […] ....

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