During the Union Budget 2026-27 presentation, Finance Minister Nirmala Sitharaman proposed a significant overhaul of the tax collected at source (TCS) framework, aiming to reduce the multiplicity of ...
The finance minister in the Union Budget 2026 has provided significant relief to millions of Indian families who remit money overseas to fund their child’s education, provide medical treatment for ...
While presenting the Union Budget 2026, Finance Minister Nirmala Sitharaman on Sunday announced a reduction in the rate of tax collected at source (TCS) from 5% (or 20% ) to 2% for various purposes, ...
The Budget has proposed to reduce the tax collected at source (TCS) for self-funded education and medical purposes abroad under the liberalised remittance scheme from 5% to 2%. However, the TCS rate ...
Did our AI summary help? The Union Budget 2026 has reduced the Tax Collected at Source (TCS) on outward remittances for education overseas under the Liberalised Remittance Scheme (LRS) from 5 percent ...
The FM has proposed to reduce the TCS on education and medical remittances to 2% from the earlier 5%. (Reuters) Finance Minister Nirmala Sitharaman, while presenting her ninth Budget in the Parliament ...
Shares of Indian IT companies are under pressure following a significant selloff in tech stocks in global markets. Stocks of companies such as Infosys, Tech Mahindra, Wipro, HCL Tech, and Coforge fell ...
The sell-off in IT stocks was triggered by an announcement from US-based AI startup Anthropic. (AI image) The negative sentiment mirrored weakness on Wall Street, where the technology-heavy benchmark ...
IT stocks came under intense pressure in early trade on Wednesday, with the Nifty IT index plunging more than 5 per cent, tracking a steep sell-off in global technology shares. Weak cues from the US ...
NEW DELHI: The government has rolled back its controversial buyback tax rules, under which the amount received through buybacks was treated as deemed dividend income in the hands of shareholders, ...
Cognizant's Q4 results were decent and met analyst estimates. The IT major has guided for 4-6.5 per cent year-on-year (YoY) growth in constant currency terns for FY26. This includes a 150 basis ...
Shares of Indian IT companies are on track for their worst trading session in nearly six years, after Anthropic's new AI plugin tools threatened to upend the business model of the $283-billion ...
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