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Friday, August 1, 2025
TopicTCS

Topic: TCS

Govt working to ensure TCS rate hike does not result in cash-flow problems, says CEA Nageswaran

TCA Sharad Raghavan -
Attempts are being made to link TCS with the tax deducted from taxpayers’ salaries. The CEA also backs the govt’s rationale for raising TCS rate to 20%

No TCS on foreign debit & credit card transactions up to Rs 7 lakh, clarifies Union govt

TCA Sharad Raghavan -
Prior to the clarification, all such non-medical, non-educational transactions would've attracted 20% TCS from 1 July. Govt imposing TCS on foreign credit card spends was widely criticised.

No, Netflix won’t be more expensive because of Modi govt’s new foreign transaction rules. Here’s why

TCA Sharad Raghavan -
Breaking down the new tax rules for payments made abroad, including those using credit cards. Compliance costs are set to increase.

Rajesh Gopinathan to step down as TCS CEO, K Krithivasan to take over

Anuran Sadhu -
The move comes as the country's IT industry faces a challenging macro-economic environment in its key markets — the United States and Europe.

‘We’re betting on growth,’ TCS CEO confident of navigating tech giant through global tumult

P. R. Sanjai -
Tata Consultancy Services CEO Rajesh Gopinathan said the company seeks to reach $50 billion in sales by the end of the decade.

FC Kohli, a ‘true legend’ who ensured India didn’t miss the technology revolution

Arijit Ghosh -
TCS began as a management & tech consultancy before Kohli turned its focus to software development, earning him the sobriquet 'father of India’s IT industry'.

TCS founder Faqir Chand Kohli passes away at 96

ANI -
F.C. Kohli pioneered India's 'Technology Revolution' and helped the country build its $100 billion IT industry.

TCS CEO warns Trump’s H1B visa restrictions will only end up hurting US companies

Saritha Rai -
CEO Rajesh Gopinath's remarks were among the strongest public rebukes from India’s $181 billion IT industry since Donald Trump’s decree to halt approvals for visas.

Sensex, Nifty scale new life-time closing highs

PTI -
Investors are in an intense buying mode for the fourth session in a row on near-normal monsoon forecast and bumper corporate earnings optimism.

TCS cleared by jury of allegations of anti-American bias

Kartikay Mehrotra -
TCS case was the first of several accusing India’s big IT firms of hiring bias in the US to go to trial.
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Opinion

Trump tariff forces India to shed illusion. Stop conflating status with power

Swasti Rao -
India’s future lies in pragmatism. Protectionism must be phased out gradually, not in disruptive shocks.

Free UPI was a revolution. Now costs are piling up, quality is slipping

Linking trade and geopolitics will hurt US more than India

Economy

BJP MPs go full throttle against Trump even as govt hails enduring India-US ties amid tariff tension

Shanker Arnimesh -
New Delhi: While the Indian government has made a measured response to the 25 percent trade tariff imposed by Donald Trump, many in the BJP...

Defence

India to get last of Spain-built C-295 next month, focus now on 1st India-made aircraft

Snehesh Alex Philip -
New Delhi: The last of the C-295 transport aircraft that is replacing the ageing Avro fleet of the Indian Air Force (IAF) will be...

National Interest

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

Shekhar Gupta -
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.

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