TCS declares Q3 results, meets expectation

THE ECONOMIC TIMES Daily Newsletter

TCS posts 1.3% QoQ rise in Q3 PAT; meets expectations ET Now poll had predicted a net profit of Rs 6532.70 crore in Q3FY18.

Tax dept attaches 900 benami properties worth over Rs 3,500 crore "Income Tax Department has attached properties worth more than Rs 3,500 crore, including immovable properties of more than Rs 2,900 crore, in 900 cases," Finance ministry said.

Thanks to GST, this budget's entire focus could be on your taxes The GST has shorn the Budget of its mystery by taking away half of its work, the indirect taxes. The only big thing that remains now is direct taxes.

China's modern Silk Road hits $14 billion financial hurdle in Pakistan From Pakistan to Tanzania, projects under Xi Jinping's signature "Belt and Road Initiative" are being canceled, renegotiated or delayed due to disputes.

How to save income tax under section 80C This is one of the most widely used options to save income tax for an individual or Hindu Undivided Families (HUFs).

Should you invest in NPS or ELSS? Read to find out An ELSS is a mutual fund scheme that qualifies for tax deduction under Section 80C of the income Tax Act while NPS allows to claim tax deduction under Section 80CCD(1).

Lesson from the great Nano flop show: How to sell a car to an Indian A sure-fire way to lose money in recent years has been to underestimate the tastes of Indian drivers. The most glaring example has been Tata Motors's Nano.

Will Ajit Jain succeed Buffett at Berkshire Hathaway? While Jain, Berkshire's top insurance executive, was named vice chairman for insurance ops, Abel was named Berkshire's vice chairman for non-insurance biz ops.

From our Partners Making your first mutual fund investment Investors should also read the scheme related documents and understand the investment objective of the mutual fund scheme, know the securities in the scheme where money will be invested.

Innovations in India can't be killed under garb of privacy ​Innovations in India can't be killed under garb of privacy In a first, India bans a global audit major for 2 years The move by market regulator is a fallout of the co's alleged role in the Satyam case, the country's biggest corporate accounting scandal.

Closed-end equity schemes: Where to invest after maturity Investors in 21 closed-end equity schemes will have their money freed up this month.

From our Partners Six smart things to know about bonus in insurance plans Not all life plans are eligible for bonus. Plans can either be participatory, thereby qualifying for bonus, or non-participatory, that do not qualify for bonus.

Reliance Jio looks all poised to register profit in December quarter A Reliance spokesman didn't respond to an emailed query on Jio's timeline for reporting profits.

French luxury major LVMH wants to back Ramdev's business, may pump half its Asia money into Patanjali Patanjali has emerged as one of India's biggest FMCG cos riding on ayurveda. This has forced global and local rivals ramp up their ayurvedic portfolio.

Sales pick up as homes get cheaper due to note ban, GST, RERA It shows that although the demonetisation impact is waning, the market is yet to see a complete revival and is still in buyers' favour.

Unique question: Will we have a life after Aadhaar? Here's the most disturbing part: How much longer will it take for our most intimate details to fall into the paws of those who do not give a fig about our lives?

Is this just the tip of the iceberg? Just look at PwC's long history of trouble in India PwC and its related entities in India have for long been in controversies. Here is a list of major controversies the firm has faced.

New visa bill in US could ease pressure on Indians A legislation that seeks to push for a merit-based immigration system and increase the allotment of Green Cards by 45 per cent annually has been introduced in the US House of Representatives.

Aadhaar-mobile linking: No relief for senior citizens With the online option yet to be launched, senior citizens, handicapped people, and NRIs can use the IVR option. However, this facility is not for everyone.

10% salary hikes this yr, says Mercer's pay report The survey of 791 organisations across industry sectors found that 55 per cent companies intend to hire in the next 12 months, as against 48 per cent last year.

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