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Tata Consultancy Services Limited, originally known as Tata Computer Systems, was established in 1968 by Tata Sons Limited. [16] The company's initial contracts involved providing punched card services to its sister company TISCO (now Tata Steel), developing an Inter-Branch Reconciliation System for the Central Bank of India, [17] and offering bureau services to the Unit Trust of India.
Tax deduction at source. Tax deduction at source (TDS) is an Indian withholding tax that is a means of collecting tax on income, dividends, or asset sales by requiring the payer (or legal intermediary) to deduct tax due before paying the balance to the payee (and the tax to the revenue authority). Under the Indian Income Tax Act of 1961, income ...
Tax Deduction and Collection Account Number. In India, a Tax Deduction and Collection Account Number (TAN) is a 10 digit alpha-numeric number issued by the Income Tax Department to the persons who are required to deduct or collect tax on payments made by them under the Indian Income Tax Act, 1961. [1]
Tata Consultancy Services' shares gained nearly 3% on Friday, a day after India's top IT services firm reported first-quarter results that signalled early signs of revival for a sector that has ...
Website. www.tata.com. The Tata Group (/ ˈtɑːtɑː /) is an Indian group of companies headquartered in Mumbai. [4][5] Established in 1868, it is India's largest conglomerate, with products and services in over 150 countries, and operations in 100 countries. [6]
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.
As of 31 March 2024, Infosys employed a total of 343,234 people, commonly referred to as "Infoscions," with 40.1% of them being women. [63] Of this workforce, 302,850 are software professionals, while the remaining 40,384 are engaged in support and sales roles. [63] In 2023, 85% of Infosys' employees were located in India.
Public Sector Undertakings in India. Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the ...