Hi Fishes, I have a question does TCS pays full quarterly bonus after 3 months, or it deduct some amount of it. For example if someone have 5k (monthly deduction from salary) quarterly bonus then, will it be paid full 15k or it can be less than 15k.
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Tata Consultancy Services made a revenue of $25B last FY. This translates to roughly 194546Crores. As per reports Rajesh Gopinathan, our beloved CEO saw a bump of 26.6% on his remuneration which sums up to 25.77 CPA. TCS saw a record breaking YOY revenue which was from $22B to $25B. Now without complaining or starting a feud, lets start on a healthy discussion about what & how TCS could have done better this year for their front end employees who indeed lead to the revenue every year!
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monthly variable is full if you are billable.
Quarterly variable is full till C2.
it will full but there will be increase in income tax deduction for that month if you are not showing enough investment
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Last quarter they deducted the QVA for AST n above. Also it varies from unit to unit.