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TCS ON MOTOR VEHICLE
Six big TDS & TCS changes for Tax Year 2026-27: From TDS on NRI property to TCS on overseas remittance for education, know all that has changedNew tax rules for Tax Year 2026-27 begin April 1, 2026. Key changes affect TDS on NRI property and TCS on overseas remittances for educatio...07 Apr, 2026, 02.31 PM IST- Tax refund on buying a car? Here's how much, who is eligible and the step-by-step process to claim itMany car buyers in India are unaware they can claim a tax refund on Tax Collected at Source (TCS). Sellers deduct 1% TCS on vehicles over ₹...30 Nov, 2025, 10.22 AM IST
- Tax collected at source: You have to pay TCS on bike, EV, car of more than this amountThe seller of a motor vehicle will collect TCS from the buyer if the value of the motor vehicle is over Rs 10 lakh. However note that TCS i...30 Oct, 2023, 02.16 PM IST
- Missed the IT bus? Use the dip to pick up Infosys, HCL Tech: Siddhartha Khemka"While TCS is down, most of the Tata Group companies have been outperforming. Tata Motors is now getting things in the right place, be it t...12 Oct, 2021, 09.24 AM IST
- TCS to take over 1,300 GM India engineering unit’s staffAnalysts have estimated the value of the contract at $600-700 million. This could be one of the largest deals for TCS in its automotive ver...17 Sep, 2019, 07.05 AM IST
- General Motors, TCS join hands for future vehicle engineeringThe new association builds on the 16-year long relationship between the two companies, the companies said in a joint statement.16 Sep, 2019, 06.52 PM IST
- Tata Motors cuts Tigor EV price by up to Rs 80,000The price reduction will be applicable across all the variants of Tigor EV, the company said.01 Aug, 2019, 07.46 PM IST
- Karnataka Budget: Tax on private buses may raise cost for tech firms, staffThe JDS-Congress government has proposed a hike in taxes to fund waiver of farm sector debts.06 Jul, 2018, 09.31 AM IST
- Tata Sons accuses Cyrus Mistry of 'perilous drop' in market share of cars and trucksHighlighting the drop in share, the Tata Sons spokesperson stated that there has been a "perilous drop" in market share in both passenger c...10 Nov, 2016, 02.03 PM IST
- 1% TCS on cash buy not to apply on embassies, UN bodies, GovtThe Central Board of Direct Taxes (CBDT) has notified the classes of buyers on whom the TCS provisions will not apply.22 Aug, 2016, 05.01 PM IST
- 1 per cent tax to be levied on car purchase via cashFinance minister Arun Jaitley had announced 1 per cent tax collected at source (TCS) on cars costing more than Rs 10 lakh during his budget...09 Jun, 2016, 11.23 AM IST
- No TCS on sale of cars exceeding Rs 10 lakh to govenrnment departments: CBDTCBDT, in a set of Frequently Asked Questions (FAQ), said that the 1 per cent TCS will apply only to retail sales and has to be collected by...08 Jun, 2016, 06.47 PM IST
- Tata Sons sells 1% in TCS to repay JLR loanTata Sons has sold around 1% of its stake in TCS, the group’s biggest company by market cap, to help refinance a $2-billion bridge loan tak...07 May, 2009, 03.46 AM IST
- Tata Sons sells 1% in TCS to repay JLR loanTata Sons has sold around 1% of its stake in TCS, the group’s biggest company by market cap, to help refinance a $2-billion bridge loan tak...07 May, 2009, 03.46 AM IST
- TCS in 5-year, multi-million dollar deal with ArvinMeritorTata Consultancy Services has signed a five-year, multi-million dollar contract with ArvinMeritor, a global supplier of integrated systems,...01 Apr, 2008, 01.39 PM IST
- TCS Insurance solution to power GIC's motor insuranceTCS Financial Solutions, a subsidiary of Tata Consultancy Services (TCS) has implemented TCS BaNCS Insurance Platform for General Insurance...13 Sep, 2007, 09.50 PM IST
- TCS Insurance solution to power GIC's motor insuranceTCS Financial Solutions, a subsidiary of Tata Consultancy Services (TCS), implements TCS BaNCS Insurance Platform for General Insurance Cor...13 Sep, 2007, 08.39 PM IST
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