As per the guidelines of the Govt, TCS has been made applicable from 1st oct 2020 but thereafter the percentage has been changed for PAN card holders & Non-holders. i.e. 0.1% for Pan holders & 1 % for Non-holders.

In order to implement it in software, follow the given steps:

• Go to Masters > Marg Setups > Control Room.

• A ‘Control Room’ window will appear.

• The user will select ‘Search in All’. 

• A ‘Controls’ window will appear in which the user will Search 'TCS'.

• Now click on ‘Accept’. 

• A ‘TCS’ window will appear with different fields:

• In '% on PAN Customer', mention 0.1 (for customers having PAN card).

• In '% on Without PAN Customer' mention 1% (For customers not having PAN card).

• The user will now press 'ESC' key twice.

• Then click on ‘Yes’ to save the changes.