TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
TCS Positioned as a Leader in IDC MarketScape for GCC Business and Industrial IoT Services02-02-2023
02-02-2023
Budget proposes 20% hike in TCS on overseas travel, remittances going out
The government on Wednesday proposed to hike the TCS rate to 20 per cent from 5 per cent currently on overseas tour packages and a liberalized remittance scheme for remittance of funds out of India. The Finance Bill, through the Budget 2023-24, amended Section 206C of the Income Tax Act levying a higher Tax Collected at Source (TCS) on overseas tour programme packages. Also, 20 per cent TCS will be applicable in cases where funds in excess of Rs 7 lakh are sent out of India under the Liberalised Remittance Scheme of the RBI. The amendments will come into effect from July 1, 2023. Nangia Andersen India Partner Amit Agrawal said the increase in TCS rate to 20 per cent is a big surprise, especially with the comfortable forex position. "The increase in TCS rates to 20 per cent for overseas travel perhaps underscores the government's intention to restrict overseas travel spending by HNI's," Agarwal said. Agarwal said the step to increase TCS to 20 per cent for all remittances, other t01-02-2023
TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
TCS and Virgin Media O2 Win the GSA Professional Award 202201-02-2023
TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
TCS Launches Clever Energy(tm) Solution on Google Cloud to Help Organizations Achieve their Net Zero Goals01-02-2023
TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
TCS a Leader in Application and Digital Services in P&C Insurance: Everest Group31-01-2023
TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
German CxOs Rank TCS #1 in Customer Satisfaction in Independent Survey30-01-2023
TATA CONSULTANCY SERVICES LTD. - 532540 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Pursuant to Regulation 39(3) of Listing Regulations, please find enclosed the intimation letter received from our Registrars and Share Transfer Agent - TSR Consultants Private Limited, providing information regarding loss of share certificates received from the shareholder.27-01-2023
TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
TCS Recognized as a Leader in Digital Workplace Services in Europe by Everest Group25-01-2023
From Reliance, TCS to Adani: Top stocks to move into T+1 this week. What faster settlement means
T+1 means that market trade-related settlements will need to be cleared within one day of the actual transactions taking place25-01-2023
TATA CONSULTANCY SERVICES LTD. - 532540 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
TCS Positioned as a Leader and Star Performer in Finance and Accounting Outsourcing by Everest Group24-01-2023