Tag Archives: TCS

The board of major IT company TCS today approved a share buyback proposal worth up to ₹16,000 crore. TCS plans to buy back up to 5.33 crore of company shares for a total amount not to exceed 16,000 crore. TCS proposed to buy back shares from ₹3,000 per share, which …

The board of directors of India’s largest IT services company, Tata Consultancy Services (TCS), will meet on October 7 to consider a share buyback proposal. “The Board of Directors will consider a proposal to buy back shares of the Company, at its meeting to be held on October 7, 2020,” …

NEW DELHI Here is a list of the top ten stocks that may appear in the news on Thursday: RIL: Retail oil conglomerate Reliance Industries Ltd (RIL) is said to be in the running to acquire Debenhams, a British multinational retailer that operates department stores in the UK with franchise …

Mumbai: Tata Sons Ltd filed an “urgent” request with the Supreme Court on 5 September to prevent the promoters of the Shapoorji Pallonji Group from raising capital with the guarantee of their stake in Tata Sons. Interestingly, this request was moved by the Tata group one day after the SP …

[ad_1] According to the CBDT notice, the TDS on the amount paid or credited during the period from May 14, 2020 to March 31, 2021 will be deducted at the specified reduced rates. Aren’t you supplying PAN / Aadhaar for income tax purposes? The benefit of the last reduction in …

[ad_1] NEW DELHI: The first tranche of the Rs 20 lakh crore stimulus released by Finance Minister Nirmala Sitharaman on Wednesday did not raise market sentiment on Thursday. Analysts said the package had more to do with solving supply-side problems than with demand-side problems. They don’t expect the Rs 6 …

[ad_1] ANI photo NEW DELHI: In a relief to taxpayers, the government on Wednesday extended the deadline for filing of all income tax returns for 2019-20 fiscal till November 30, 2020. Announcing a slew of relief measures for the coronavirus-hit economy, Finance Minister Nirmala Sitharaman also slashed TDS (tax deducted …

[ad_1] Finance Minister Nirmala Sitharaman (Image: Amlan Paliwal) The announcements, described by Sitharaman as the first in a series of tranches to be presented in the coming days, are part of the Rs 20 crore fiscal and monetary package of Rs 20 announced by Prime Minister Modi on Tuesday to …

[ad_1] MUMBAI : The government’s move to reduce the rates of tax deduction at source (TDS) and tax collection at source (TCS) by 25% is set to benefit investors and professionals. While this doesn’t bring down the tax liability of taxpayers, it leaves more money in their hands during the …

[ad_1] The government has reduced TDS and TCS rates for interest, dividends, and rental payments by 25 percent as of May 14, 2020 for the current fiscal year. Finance Minister Nirmala Sitharaman announced this at a press conference today. The source tax deduction (TDS) and source tax collection (TCS) rates …