TCS: A Global Leader in IT Services

TCS tourism and travelling service   The travel and tourism industry in India is undoubtedly passing through a horrendous phase since the last few years. A simple business of helping travelers book air tickets, hotels, tour packages, visas and ancillary services has been turned into a complex web of riddles since the introduction of GST and subsequently TCS. The industry barely survived the aftermath of COVID-19 and the government announced the levy of TCS. In 2021-22, a total of USD 19.61 billion was remitted under LRS, up from USD 12.68 billion in 2020-21. In 2022-23, it rose to more than USD 24 billion and this has caught the eye of the government. If you are planning to go on an international trip and any booking is done, offline or online, for overseas tour packages of more than Rs 7 lakh in a financial year, you have to pay TCS at 20 per cent from October 1, 2023. If the foreign tour packages cost up to Rs 7 lakh, TCS will be levied at 5 per cent. Provisions relating to Tax C...

  TCS: A Global Leader in IT Services TCS, or Tata Consultancy Services, is a leading global IT services, consulting, and business solutions organization. Headquartered in Mumbai, India, TCS has a presence in over 50 countries and employs a diverse workforce of over 500,000 employees. A Rich History of Innovation TCS was founded in 1968 as a division of Tata Sons, one of India's oldest and most respected business groups. Over the years, TCS has grown to become a global IT powerhouse, known for its innovative solutions and customer focus. A Wide Range of Services TCS offers a wide range of IT services, including: IT consulting System integration Application development Infrastructure services Business process outsourcing (BPO) Cloud computing Big data analytics Artificial intelligence (AI) Machine learning (ML) A Commitment to Excellence TCS is committed to providing its clients with the highest quality of service. The company has a strong focus on...