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Monday, July 28, 2025
TopicTCS

Topic: TCS

Marathons are no longer reserved for elite. Small-town, middle-class India wants in

Clubs such as Bhag, catered toward the chronically online Gen Z crowd, are leveraging social media trends and the promise of social connections to gain runners.

India to fast-track procurement of 15 more C-295s; Modi, Sanchez to inaugurate Vadodara facility

Inauguration of C-295 facility in Vadodara will mark red-letter day for India since it will be the first instance of a private company rolling out a military aircraft in the country.

India took pride in foreign spending. Under Modi govt, it has become a source of insecurity

Since October 2023, foreign transactions above Rs 7 lakh under Liberalised Remittance Scheme have attracted a 20% tax collected at source. It’s sending a signal to big spenders abroad: we are watching you.

Loopholes, high limits & timely buys — why govt’s 20% TCS on foreign spending isn’t deterring anyone

It was high post-pandemic foreign spending that pushed govt to impose checks, but these are not working to reduce either tourism spending or real estate purchases abroad.

‘Flight of capital’ from India & how to curb it — finance ministry’s high-level discussion

Minutes of Chintan Shivir held in August reveal concerns over high net-worth individuals taking wealth out of India, need to reform tax system and avoid ‘knee-jerk’ policy formulation.

TCS rate hike didn’t predict people’s outrage. But Modi govt hasn’t learned the lesson

Modi govt should have predicted the outrage over the hike in Tax Collected at Source on foreign transactions. But a lack of logic didn't stop it before, so why should it start now?

DK Shivakumar right about flyover. Shouldn’t repeat the same mistakes as UPA-2

ThePrint view on the most important issues.

Govt removes TCS on credit card payments abroad, 20% tax on other foreign transactions effective 1 Oct

According to May notification, credit card payments abroad would've attracted 20% tax collected at source. New rate on other foreign transactions to apply only if it exceeds Rs 7 lakh, says govt.

TCS and Transamerica terminate $2 billion contract due to challenging macro environment

The 10-year contract, signed in early 2018, involved TCS working with Transameria to enable the digitization of more than 10 million policies into a single integrated platform.

Modi govt turning into Big Brother. Overly-protective TCS policies infantilising citizens

Prime Minister Modi talked about ‘minimum government’, but nobody thought he meant making the citizenry do the government’s job.

On Camera

Dhankhar’s resignation: How Modi-Shah’s ‘capable’ BJP has served another strong message to RSS

One has to be incredibly credulous to buy BJP spin masters’ argument that the government got rid of Vice President Jagdeep Dhankhar for harmonious relationship with the judiciary.

Unclaimed deposits worth Rs 67,000 crore lying in banks, 87% in public sector banks alone, Parliament told

SBI holds Rs 19,239 crore in unclaimed deposits, or 26% of the abandoned money in public banking system. PNB, Canara Bank follow.

India wanted a stable, prosperous Pakistan but our peace efforts were mistaken for weakness: Rajnath

Modi government had also made numerous efforts to establish peace with Pakistan but has now adopted a different path, militarily, to establish peace, adds defence minister.

Modi’s Bharat vs Indira’s India: 11-yr report card of politics, diplomacy, economy, nationalism

As Narendra Modi becomes India’s second-longest consecutively serving Prime Minister, we look at how he compares with Indira Gandhi across four key dimensions.