During the Union Budget 2026-27 presentation, Finance Minister Nirmala Sitharaman proposed a significant overhaul of the tax collected at source (TCS) framework, aiming to reduce the multiplicity of ...
The finance minister in the Union Budget 2026 has provided significant relief to millions of Indian families who remit money overseas to fund their child’s education, provide medical treatment for ...
The Budget has proposed to reduce the tax collected at source (TCS) for self-funded education and medical purposes abroad under the liberalised remittance scheme from 5% to 2%. However, the TCS rate ...
While presenting the Union Budget 2026, Finance Minister Nirmala Sitharaman on Sunday announced a reduction in the rate of tax collected at source (TCS) from 5% (or 20% ) to 2% for various purposes, ...
Tata Consultancy Services (TCS) has announced a Rs 330 crore investment to develop a new facility in Brazil to deepen its presence in Latin America. The company stated that the centre in Londrina, ...
Did our AI summary help? Tata Consultancy Services (TCS) on January 27 announced the construction of its largest delivery centre in Brazil, underscoring its long-term commitment and expansion in Latin ...
The FM has proposed to reduce the TCS on education and medical remittances to 2% from the earlier 5%. (Reuters) Finance Minister Nirmala Sitharaman, while presenting her ninth Budget in the Parliament ...
IT stocks came under intense pressure in early trade on Wednesday, with the Nifty IT index plunging more than 5 per cent, tracking a steep sell-off in global technology shares. Weak cues from the US ...
The sell-off in IT stocks was triggered by an announcement from US-based AI startup Anthropic. (AI image) The negative sentiment mirrored weakness on Wall Street, where the technology-heavy benchmark ...
Shares of Indian IT companies are on track for their worst trading session in nearly six years, after Anthropic's new AI plugin tools threatened to upend the business model of the $283-billion ...
Companies argue that eliminating TDS and TCS on GST-covered transactions would not weaken tax enforcement but would significantly simplify compliance, reduce disputes and free up working capital that ...
NEW DELHI: The government has rolled back its controversial buyback tax rules, under which the amount received through buybacks was treated as deemed dividend income in the hands of shareholders, ...
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