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Prior to the Budget 2020, [2] dividend income was exempt from tax in the hands of the shareholder. But Since Budget 2020, any Dividend Income in excess of INR 5000 is liable for TDS @ 10% u/s 194. TDS provisions under this section are attracted only in respect of deemed dividend u/s 2(22)(e), If such dividend exceeds 2500 in the year.
On 8 October 2020, TCS surpassed Accenture in market capitalization, becoming the world's most valuable IT company with a market capitalization of over $144 billion. [43] On 25 January 2021, TCS briefly reclaimed the title of the world's most valuable IT company from Accenture with a market cap of $170 billion. [44]
Rajesh Gopinathan (born 1971) is an Indian Executive who was former CEO and MD of Tata Consultancy Services (TCS), an Indian IT services and consulting organization and one of the country's largest employers. [1] He was elevated to the role of Chief Executive in February 2017 after serving as the Chief Financial Officer since 2013. [2]
Electronic scrap recycling is one of the most dynamic and fastest growing segments of the scrap recycling industry and generated an estimated revenue of more than $5.2 billion to the U.S. economy in 2010, employed more than 30,000 full-time employees in the private sector and when non-profit organizations are included, more than 45,000 people; and collected and processed domestically more than ...
The Tata Sons board voted to remove Cyrus Mistry from the Chairmanship of Tata Sons on 24 October 2016. [9] [10]In July 2018, the National Company Law Tribunal (NCLAT), issued a verdict in favour of Tata Sons on charges of mismanagement levelled by Mistry in 2016, two months following his ousting as chairman through a vote of non-confidence. [11]
Maryland's tax was a use tax; a 1944 Supreme Court case, McLeod v. J.E. Dilworth Co., [3] had ruled that a state could not levy a sales tax on sales made by a merchant in another state. Decision [ edit ]
TCS BaNCS is a core banking software suite developed by Tata Consultancy Services for use by retail banks. [ 2 ] It includes functions for universal banking , core banking , payments, wealth management, forex and money markets, compliance, insurance, securities processing, custody, financial inclusion, Islamic banking and treasury operations.
During his tenure, TCS introduced two new business lines: TCS Hazir, a one-hour delivery service, and Yayvo, an e-commerce platform aimed to compete with Daraz.pk. [1] He also negotiated with lenders to remove personal guarantees from company loans and utilized TCS's relatively low existing debt to fund these new ventures and higher operational ...