TCS employee headcount crosses 5 lakh after record hirings in Q1

IT major Tata Consultancy Services (TCS) now has more than 5 lakh people in its workforce after record hirings in the first quarter of FY22. The total workforce of TCS increased to 5,09,058 as of June 30. TCS reached the five lakh workforce milestone after it added 20,409 more employees in the first three months of…

Tax Relief On Money Received For Covid Treatment From Employers

The government on Friday extended deadlines for various income tax compliances and said the amount paid by an employer to employees for COVID-19 treatment would be tax-exempt. Also, payment received from employer by family members in case of death of an employee due to COVID-19 would be exempt from income tax. The…

BookMyShow lays off 200 employees as Covid hits business

BookMyShow has laid off 200 employees as the company’s online ticket booking service suffered a severe blow due to the second wave of the Covid-19 pandemic. BookMyShow, a popular online platform for booking film tickets and entertainment events, has laid off 200 employees, making the second major round of job…