TCS full form

By Rebecca
3 Min Read

What is the full form of TCS?

I) TCS full form: Tax Collected at Source

TCS full form: TCS stands for Tax Collected at Source in its entire form. Tax Collected at Source is the complete version of TCS in Hindi. Tax Collected at Source (TCS) is a tax paid by a seller and collected from the buyer at the moment of sale under India’s tax system. The products on which sellers must collect tax from buyers are governed by Section 206C of the Income Tax Act. GST TCS is the tax that an e-commerce operator collects on behalf of a provider of products or services who sells them on the operator’s website. TCS will be calculated as a percentage of taxable goods and services. After deducting 1% of TCS, resellers or merchants providing goods and/or services through e-commerce operators would be paid. CBIC is the one who informs you of the rate.

II) TCS: Tata Consultancy Services

TATA Consultancy Services Limited (TCS) is a multinational IT consulting and services company based in India. It is a Tata Group company with operations in 149 locations across 46 countries. The company’s headquarters are in Mumbai, India. TCS’ chairman is Natarajan Chandrasekaran, and its MD and CEO is Rajesh Gopinathan, as of March 2020. In the previous fiscal year, it made a total revenue of $20.9 billion (April 1, 2018, to March 31, 2019). TCS is India’s most valuable firm in terms of market value. Tata Consulting Services has grown to become one of the world’s most valued IT services brands. TCS Consulting provides a comprehensive range of services and solutions in the areas of business, technology, and engineering.

TCS abbreviation in another complete form

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Read more: PFA full form

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Rebecca is an Independent content writer for breldigital, She writes content on any given topic. She loves to write a case study article or reviews on a brand, Be it any topic, she nails it