TCS of 5% is deducted only on the amount above 7 lakhs. For example, if you remit Rs 15 lakh in FY 2021, 5% will be calculated on the amount exceeding the existing threshold i.e. – 8 lakhs.
With polls suggesting Democratic candidate Joe Biden extending his lead over President Trump, markets are beginning to digest the possibility for the same after their first debate.
The longest losing streak in a year has pulled down S&P 500 by 5.8 percent for September. Tech stocks continued their weak performance dragging down Nasdaq Composite before Friday’s relief rally.
Fresh undercurrents of tension between U.S. and China made the markets nervous sentiment while a renewed wave of rising virus cases in Europe added to the weak sentiment.
Not just tech names, with more customers stocking up on essentials, hygiene products and consumer appliances, consumer discretionary earnings also surged during the first two quarters.
Google has been sued by the Department of Justice as several states in the U.S. prepare for legal action against the company for allegedly abusing its market power.
Stock markets this year have also had a volatile run so far. Take a look at this volatility chart, for instance. It has been a year loaded with events that has moved the market.
Beyond Meat has recently signed up to distribute its products across 4,500 wholesalers across China. Others could follow a similar model too as they tap into the Asian markets.
While the Jio-Facebook deal has been closed, if the other two deals were to go through, the top three Indian wireless telecom companies will have a partner from one of the top tech companies each