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E COMMERCE TCS
'Kunal Shah won't even get a fresher job at TCS or Infosys': Founder highlights flaws in corporate hiring practicesKunal Shah, the visionary behind CRED and FreeCharge, has been appointed global head of WhatsApp at Meta. His remarkable ascent, despite la...- TCS aims to be world's largest AI tech firm; 130 top AI clients onboarded: CEO KrithivasanTCS is targeting global leadership in AI-led technology services. A significant majority of its top clients are already collaborating with ...
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
- Final ONDC seller to be liable for TCS, CBDT clarifiesIn detailed guidelines, the CBDT said TCS will be collected on the gross amount charged to the customer. In case the buyer receives a disco...
- GST Council to clarify on TCS liability of e-commerce suppliers on ONDCThe Goods and Services Tax (GST) Council is set to clarify the Tax Collected at Source (TCS) liability of e-commerce suppliers on 11 July. ...
- Evolution of indirect tax regime for e-commerce businesses & the futureThe e-commerce market contributed to about 0.76% of India's GDP in 2017 and is expected to grow to 2.5% by 2030.
- Simplifying tax regulations could improve India’s rank in Ease of Doing Business indexAs per the research report by Deloitte, India’s overall ranking gets pulled down due to lower score in taxes department. The country could ...
- Most companies find provisions on tax collected at source challenging: Survey80% of the respondents consider technical nuances of the new TCS provisions and updating systems and processes as biggest challenges, the r...
- Vendors face pressure on working capital as e-commerce platforms, PSUs delay tax paymentsThe government recently allowed e-commerce companies and public sector undertakings — which normally deduct TCS and TDS on supplies -- to f...
- E-commerce companies not to collect TCS from suppliers with less than Rs 20 lakh turnover: CBICAs per GST provisions, beginning October 1, 2018, e-commerce companies deduct 1 per cent TCS before making payments to their suppliers.
- E-commerce cos will have to register in every state for collecting TCSE-commerce companies will from October 1 have to deduct 1 per cent tax collected at source (TCS) before making payments to their suppliers.
- TDS/TCS provisions under GST to come into effect from October 1E-commerce companies will now be required to collect up to 1 per cent TCS while making any payment to suppliers under the Goods and Service...
- Online travel agents liable to deduct TCS under GST: CBECUnder the Goods and Services Tax (GST) regime, an e- commerce operator is required to collect 1 per cent of the net value of taxable suppli...
- Software testing complete, ready for smooth GST rollout: GSTNThe GSTN portal has also started accepting registrations from new taxpayers from June 25 even as the process of migration of existing taxpa...
- Govt's move to defer TCS under GST will help sellers: AmazonFlipkart, Amazon and Snapdeal were to deduct 1 per cent TCS (tax collected at source) while making payments to suppliers under the GST that...
- E-commerce firms to pay up to 1% TCS under GSTThe model Goods and Services Tax (GST) law, finalised by the GST Council, provides for 1 per cent TCS to be deducted by the e-commerce oper...
- E-commerce firms like Flipkart and Snapdeal to deduct TCS under GSTThe measure, Nangia & Co Director Rajat Mohan said, will not increase the incidence of taxation on consumers as the supplier will get tax c...
- E-commerce firms will have to deduct TCS on payments to suppliersAggregators mainly include Ola, Uber, Urban Clap which works as a platform for providing transport and other services. The TCS provision wi...
- 60% of Bengaluru's youth buy electronic gadgets online: SurveyIn what can be seen as a testament to the IT city's growing fondness for e-commerce, a recent survey indicates that 60% of Bengaluru's yout...
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