TCS bags Rs 200 crore deal from the tax department: Report

07 Sep 2013

Tata Consultancy Services (TCS), a leading IT services, consulting and business solutions firm, reportedly has piped Infosys in bagging a large deal worth Rs 200 crore for the tax department. The term for the contract is approximately 5 years, but is likely to be extended further.

The deal bagged is to set-up setup and manage a software platform called the ITBA in order to ease tax payers process of tax application, of e-filing etc and also to kind of tighten the noose around tax evasion, etc, something that tax department has been focusing on. Further, this deal is expected to give TCS a big leg up in terms of expanding in this particular area.

Tata Consultancy Services is an IT services, consulting and business solutions organisation that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPO, infrastructure, engineering and assurance services.

Related Tata Consultancy Services Ltd. Links:

TCS Share Price

3007.00 -40.70 (-1.34%) Mar 05, 18:59
1 Year Price Chart
Company Name CMP
TCS 3007.00
Infosys 1316.00
HCL Tech. 941.30
Wipro 420.40
Tech Mahindra 959.50
View more..
Sensex vs TCS
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323