What is TCS in PDF?
Scan QR code to download Income Tax Department Central Board of Direct Taxes Page 2 Tax collection at source (TCS) is an extra amount collected as tax by a seller of specified goods from the buyer at the time of sale over and above the sale amount and is remitted to the government account.
What does TCS actually do?
Tata Consultancy Services (TCS) is a software and services provider in India. It is part of the Tata Group, which oversees operations for over 100 companies in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products and chemicals.
Who is ex CEO of TCS?
Subramaniam Ramadorai
As of Jan 2020, TCS has over 4,00,000+ employees. It is the world’s third-largest IT employer behind IBM and HP. Subramaniam Ramadorai, the former CEO of TCS, has authored an autobiographical book about his experiences in the company called The TCS Story…and Beyond.
Who is founder of TCS?
Tata Sons
Faquir Chand KohliJ. R. D. Tata
Tata Consultancy Services/Founders
What is TDS and TCS PDF?
the person making payment is required to deduct tax at source (TDS) at prescribe rate. Payer is known as deductor and the payee, who receives the net payment is called the deductee. ● TCS is Tax Collected at Source by seller from buyers at the time of selling some prescribed goods.
What is TCS percentage?
The rate is notified by the CBIC in Notification no. 52/2018 under CGST Act and 02/2018 under IGST Act. This means for an intra-state supply TCS at 1% will be collected, i.e 0.5 % under CGST and 0.5% under SGST. Similarly, for a transaction between the states, the TCS rate will be 1%, i.e under the IGST Act.
Why is TCS best?
TCS being one of the leading consultancy firm in the market and with quality working environment, Being in TCS will be an amazing opportunity to learn ,grow and explore and give the best of me ,Also above all. TCS would be like an ocean of endless learning experience of the most latest technologies and practices.
What is the minimum salary in TCS?
What is the minimum salary in TCS? Minimum salary at TCS depends on the role you are applying for. For Process Associate the minimum salary is ₹2.7 Lakhs per year, for Assistant System Engineer the minimum salary is ₹3.9 Lakhs per year and so on.
Who are all Tata Sons?
As of 2020, there have been seven chairmen of Tata Group.
- Jamsetji Tata (1868–1904)
- Sir Dorabji Tata (1904–1932)
- Nowroji Saklatwala (1932–1938)
- J. R. D. Tata (1938–1991)
- Ratan Tata (1991–2012)
- Cyrus Mistry (2012–2016)
- Ratan Tata (2016–2017)
- Natarajan Chandrasekaran (2017–present)
Who is father of India?
Faqir Chand Kohli
Faqir Chand Kohli, father of the Indian IT industry, passed away on Thursday. Born in 1924 in Peshawar, Kohli lived to the ripe old age of 96.
What is TCS tagline?
Tata Consultancy Services (TCS) has rebranded itself after 15 years to speak to millennials. The company’s new tagline is ‘ Building on Belief ‘, from ‘ Experience Certainty ‘.
What is TCS tax?
Tax Collected at Source (TCS) is tax that is payable by the seller, but which is collected from the buyer. Section 206C of the Income Tax Act has an exhaustive list of goods that are specified for this purpose.