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3 mins read

PM Internship Scheme finally launched — here’s how you can apply to work with Reliance, TCS, SBI and more!

The PM Internship Scheme offers young Indians hands-on corporate experience with over 90,000 intern…

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2 mins read

Travel agents body calls for abolishing TCS ahead of its implementation from Oct 1

In a letter to the FM, TAAI President Jyoti Mayal said the TCS is a huge challenge for the tr…

PTI   


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2 mins read

Tech firms TCS, Accenture, Cognizant lead LinkedIn's top large companies list

Tata Consultancy Services has topped the LinkedIn's latest list of top companies to work for in Ind…

PTI   


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2 mins read

Onus of deducting TCS on standalone overseas hotel bookings should be on banks: MakeMyTrip

MakeMyTrip, an online travel service provider, believes that banks should be responsible for deduct…

PTI   


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6 mins read

New TCS regulations may pinch your wallet while travelling abroad. Here’s how you can minimise the impact

A threshold relaxation of ₹7 lakh per financial year from TCS has been given only for overseas spen…

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2 mins read

Some relief for Indians travelling abroad – credit card payments will not attract TCS

On Wednesday, the Indian government announced that spending through international credit cards abro…

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2 mins read

Budget proposes hike in TCS on overseas travel, fund remittances out of India to 20%

Also, 20 per cent TCS will be applicable in cases where funds in excess of Rs 7 lakh are sent out o…

PTI   


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4 mins read

India’s rich to shell out more for luxury cars, global travel but may have more to invest

The Union Budget 2023-24 is being hailed as the common man’s budget, but at the same time many …

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3 mins read

Explained: TCS on your child's overseas education and mitigating strategies

If you're currently in the midst of securing funds for your children's international higher educati…

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5 mins read

Going back to office 5-days a week challenging for some – Here’s how to ease into to the new normal

Recently large IT companies like TCS, Wipro and others have asked employees to start going to the o…

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3 mins read

TCS profits grows at 5%, hit by salary hikes, talent churn and travel costs

Tata Consultancy Services or TCS posted a 5% growth in net profits in the first quarter of FY23 at …

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6 mins read

Earnings preview: Q2 to be another washout quarter for IT sector, market to focus on execution

Little has changed for the Indian IT sector in the last three months. The second quarter earnings a…

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3 mins read

Credit card now under LRS ambit – 20% TCS to be charged on spends using international credit cards

The Central government has amended the rules under the Foreign Exchange Management Act to bring cre…

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2 mins read

Nine in ten Indians prefer to use credit cards when travelling abroad

Credit cards remain the first choice when it comes to spending when travelling abroad. Several ince…

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3 mins read

Worsening client profitability to impact IT demand says Jefferies

The decline in revenue in the IT sector during the fourth quarter was primarily attributed to a dec…

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2 mins read

TCS to report solid revenue growth, margin expansion in Q2 aided by strong deal execution, rupee depreciation

The earnings season for the July-September quarter will kick off with IT major Tata Consultancy Ser…

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2 mins read

Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS

Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…

PTI   


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4 mins read

TCS to flag off the earnings season — here’s what to expect

Tata Consultancy Services (TCS) kicks off the corporate earnings season this Friday, with analysts …

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3 mins read

It is attrition rates and not the wage hikes dampening Indian IT cos earnings

The Indian IT sector is in trouble – not entirely due to recessionary concerns or smaller deal wins…

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3 mins read

Budget 2023 proposes 20% TCS on foreign expenses under LRS

Overseas education and medical treatment: For both overseas education and medical treatment, t…