New Delhi, May 3 (IANS) As the new financial year gains momentum, taxpayers must stay alert to a series of important compliance deadlines scheduled throughout May 2026, with experts stressing that timely action is essential to avoid penalties and additional charges.The month begins with a crucial deadline on May 7, when taxpayers are required to deposit tax deducted at source and tax collected at source for April.Government offices making payments without a challan must credit the tax to the Cen…
Latest TCS News & Updates
Mumbai, April 30 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Thursday sought to clarify the state’s evolving political dynamics, the stability of the Nationalist Congress Party (NCP) led by Ajit Pawar, and ongoing high-profile investigations.Addressing the functioning of the ruling alliance, the Chief Minister took a firm stand on the issue of party defections. Amid speculation over possible crossovers, he said that while the BJP would support the NCP (Ajit Pawar faction), its doors…
Mumbai, April 25 (IANS) The domestic equity markets closed on a weak note this week, with benchmark indices declining about 2 per cent amid escalating tensions in West Asia, a sharp spike in crude oil prices, and heavy selling in IT stocks weighing on sentiment.On a weekly basis, headline indices Sensex and Nifty ended lower, falling 2.3 per cent and 1.9 per cent, respectively.However, broader markets showed relative resilience, with the BSE Midcap and BSE Smallcap indices slipping just 0.6 per …
New Delhi, April 24 (IANS) A 19-year-old woman from Agripada in Mumbai has filed an FIR alleging harassment by a colleague, following which the accused has been arrested. The case has triggered tension in the area, with police stepping up the investigation and security arrangements.According to the victim, she was working as a telecaller at a company in the Mahalakshmi area when she came into contact with the accused through work. She stated that he later obtained her contact number from a compa…
Mumbai, April 24 (IANS) The domestic equity markets saw negative performance in early hours on Friday amid elevated geopolitical tensions and the Q4 earnings season.Sensex was trading at 77,263, down 0.51 per cent or 400 points, while Nifty was down 0.41 per cent, or 100 points, in early trade amid panic selling in IT, financial and pharma stocks. However, support was seen in FMCG and chemical scrips.Cipla, Infosys, Dr Reddy’s Laboratories, Sun Pharma, TCS and ICICI Bank were among the top lag…
Kolkata, April 17 (IANS) Maharashtra Chief Minister Devendra Fadnavis on Friday said the ongoing investigation into the Nashik Tata Consultancy Services (TCS) case has suggested that the allegations of sexual harassment and religious coercion are “extremely serious” and were being carried out under a “module”. Speaking to the media, the Chief Minister, who has arrived in Kolkata for election campaigning, confirmed that preliminary investigations suggested the activities were not isolated inciden…
New Delhi, April 16 (IANS) Radicalisation has become one of the biggest threats facing India. The agencies warn that radicalisation camps can come up at unassuming locations as they largely remain off the radar. The TCS case is one such example where the police found that professional seniority was used as a leverage to allegedly radicalise and also convert vulnerable junior employees between 2021 and 2026.While the probe is ongoing, the agencies are set to look into a larger pattern. More such …
Mumbai, April 13 (IANS) Indian equity benchmarks recovered sharply from their intra-day lows on Monday, helped by buying in defence stocks, even as broader sentiment remained cautious due to ongoing geopolitical tensions in West Asia.The Nifty closed 0.86 per cent, or 207.95 points, lower at 23,842.65, while the Sensex ended the session down 0.91 per cent, or 702.68 points, at 76,847.57.Commenting on Nifty technical outlook, experts said that going ahead, 23,900 is likely to continue acting as i…
New Delhi, April 9 (IANS) IT services major Tata Consultancy Services (TCS) on Thursday reported a slight rise in last‑12‑months attrition rate to 13.7 per cent in the fourth quarter (Q4), up from 13.5 per cent a year earlier.The tech giant also saw its headcount increase by 2,356 employees in the March quarter to 5,84,519, up from 5,82,163.”Women make up 35.2 per cent of total employee strength,” the software services firm said, adding that employee headcount dipped by 30,906 from the first…
Mumbai, April 9 (IANS) Tata Consultancy Services (TCS) on Thursday reported a 12 per cent year-on-year (YoY) jump in consolidated net profit for the January–March quarter (Q4 FY26).The major IT player had posted a profit of Rs 13,718 crore, compared to Rs 12,224 crore in the year-ago period (Q4 FY25), according to its exchange filing.The IT major’s consolidated revenue from operations also saw healthy growth, increasing 9.6 per cent year-on-year to Rs 70,698 crore, compared to Rs 64,479 cror…