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TCS News

24 Apr 2025

1% Tax On All Luxury Goods Priced Above Rs 10 Lakh --Check Full List Of Items

The CBDT has said that luxury goods of value exceeding Rs10 lakh will attract TCS (tax collected at source).

12 Apr 2025

Bad News For TCS Employees! Company Delays Salary Hikes Due To THIS Reason

TCS Delays Salary Hikes: The IT major’s consolidated net profit for Q4 fell nearly 2 per cent year-on-year (YoY) to Rs 12,293 crore.

30 Mar 2025

Combined Market Valuation Of Top 8 Firms Rises By Rs 88,000 Cr; HDFC Bank Lead

Despite the fluctuations, the most valued firms include HDFC Bank, TCS, Bharti Airtel, ICICI Bank, SBI, and more. Meanwhile, both the domestic benchmark indices recorded gains for the full financial year (FY25).

24 Feb 2025

Bad News For Ratan Tata's TCS Employees! Company Loses Rs 53,185 Crore

TCS Salary Hike: Tata Consultancy Services (TCS) faced a massive loss in market value this week, shedding Rs 53,185.89 crore as its shares dropped 2.82 per cent between February 17-21.

23 Feb 2025

TCS, Bharti Airtel Lead As 8 Of India’s Top 10 Firms Lose Rs 1.65 Lakh Cr

Infosys also faced a decline, with its valuation reducing by Rs 17,086.61 crore to Rs 7.5 lakh crore.

Tata Consultancy Services

17 Feb 2025

TCS Set To Roll Out Salary Hikes With Increases Of 4-8%: Report

In FY24, TCS employees saw an average salary hike of 7-9 per cent, compared to around 10.5 per cent in FY22.

27 Jan 2025

Top 10 Indian Firms Shed Rs 94,409 Crore In Market Cap, Reliance Hit Most

Telecommunications giant Bharti Airtel saw a sharp decline of Rs 24,036 crore, while Infosys, a major player in the IT sector, lost Rs 22,193 crore in market capitalisation.

08 Dec 2024

Mcap Of 6 Of Top-10 Most Valued Firms Surges Rs 2.03 Lakh Cr, TCS Huge Winner

Mcap Of Most Valued Firms: The market capitalisation of TCS surged by Rs 62,574 crore to Rs 16,08,782 crore. The market valuation of HDFC Bank jumped Rs 45,338 crore to Rs 14,19,270 crore.

09 Nov 2024

TCS Cuts Variable Pay For Senior Employees; Know How IT Giant Pays Variable

TCS Variable Pay Q2 2024: In April 2024, TCS updated its attendance policy, requiring employees to achieve at least 85 per cent office attendance to qualify for their full variable pay.

Tata Consultancy Services

11 Oct 2024

TCS Announces 1000% Interim Dividend: Check Record Date, Other Details

TCS announces 1000 percent 2nd Interim Dividend, check record date and payout date.

09 Oct 2024

Meet PAK Man Who Built $100 Billion IT Firm As Ratan Tata's Company First CEO

Success Story Of Faqir Chand Kohli: Ratan Tata's TCS, India’s largest IT firm, is known worldwide, but did you know who founded it and served as its first CEO? Faqir Chand Kohli, a visionary leader, played a key role in shaping India’s IT future, though his story remains unknown to many. Kohli's forward-thinking approach not only put India on the global software services map, but also helped build the $100 billion IT industry. He was instrumental in bringing IBM to India in 1991 through the Tata-IBM partnership. As TCS's first CEO and co-founder, Kohli laid the foundation for what is now a global IT giant, valued at Rs 13.78 lakh crore. Notably, former chairman of Cognizant India Ramkumar Ramamoorthy has worked closely with Faqir Chand Kohli during his time at TCS.

Tata Consultancy Services

13 Sep 2024

TCS Employees Receive Tax Notices, Advised To Hold Off On Payments: Report

The report suggested that authorities may have made an error while processing the filed tax returns.

25 Aug 2024

Top 9 Valued Firms Add ₹95,522 Cr in Market Cap; Reliance, TCS Lead

The Mcap of Bharti Airtel rallied by Rs 12,268.39 crore to Rs 8,57,392.26 crore and that of ICICI Bank by Rs 11,524.92 crore to Rs 8,47,640.11 crore.

08 Aug 2024

CBDT Eases TDS Rule In Cases Of Death Of Deductees

In view of the genuine difficulties being faced by the taxpayers, the CBDT issued the Circular dated 05.08.2024, and vide the same, the government has relaxed the provisions of TDS/TCS as per the Income-tax Act, 1961, in the event of death of deductee/collectee before linking of PAN and Aadhaar, it added.

24 Jul 2024

Budget 2024: Finance Minister Announces TDS Framework Changes

Section 192 of the Act deals with tax deduction at source (TDS) on salary earnings.

21 Jul 2024

Mcap of Top 8 Firms Rises by Rs 2.10 Lakh Cr; TCS And LIC AT Forefront

The market capitalisation (mcap) of Life Insurance Corporation of India (LIC) surged Rs 36,748.23 crore to Rs 7,01,695.24 crore.

11 Jul 2024

TCS Posts 9% Jump In Q1, Net Profit At Rs 12,040 Crore

TCS added 5,452 employees in Q1 taking the total workforce to 6.07 lakh.

Tata Consultancy Services

11 Jul 2024

TCS Announces Interim Dividend Of Rs 10: Check Record Date And Other Details

Indian IT firm Tata Consultancy Services Ltd (TCS), announced an interim dividend of Rs 10 per share for the financial year 2024-25.

18 May 2024

Sensex, Nifty Extend Winning Streak In Special Trading Sessions

The national bourses on Saturday conducted a special trading session for an easy switch over to a disaster recovery site.

Tata Consultancy Services

09 May 2024

TCS Employee Suspended After Reporting Security Issue

The employee further mentioned that his suspension violates company policy which specifies that no action can be taken against whistleblowers.

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