Provident Financial News

PFRDA) along with SEBI has now enabled a consolidated view of the personal investments in the securities market with updated mark-to-market values for National Pension System (NPS) subscribers. It includes the investors' Demat account holdings as well as their mutual fund holdings.

Poland has detained two Russian citizens who were «distributing propaganda materials of the Wagner Group» in Warsaw and Krakow, the two biggest Polish cities, the interior minister said Monday. «Both were charged with… espionage and arrested,» Mariusz Kaminski said on X, the former Twitter, without providing further details about the detained men.

The executive order regulates US investments in China in sensitive technologies. Investors, advisers and an administration official said it is tailored around national security and reflects months of consultations with industry and other stakeholders. Even so, the order, while narrow in scope as expected, is unprecedented.

To assist you in making the right choice, we have meticulously researched and compiled a list of 10 room dehumidifiers that are tailor-made for Indian homes. Whether you're dealing with the monsoon's dampness or seeking year-round humidity control, this guide aims to present a range of options to suit diverse preferences and room sizes, helping you transform your living spaces into havens of comfort and well-being.

Reliance Jio has also announced certain interesting offers as a part of its Independence Day celebration. As part of the Independence Day promotion, the telecommunications company is providing 50GB of data advantages for all unlimited data recharges priced at or above ₹199. Additionally, Vodafone Idea customers will receive immediate discounts of ₹50 and ₹75 on recharge packs of ₹1,449 and ₹3,099, respectively.

The Union Government is set to acquire a significa... moreThe Union Government is set to acquire a significant stake in Hindustan Petroleum Corporation Ltd (HPCL) to provide financial support to fuel retailers who incurred losses by selling petrol and diesel at discounted rates.

ITR for FY 2022-23 (AY 2023-24) is December 31, 2023. While filing a belated ITR, an individual is required to pay a penalty under Section 234F of the Income Tax Act, 1961. Further, losses under various income heads cannot be carried forward in a belated ITR except for house property losses. The penalty for filing a belated ITR is Rs 5,000 if net taxable income is more than Rs 5 lakh for FY 2022-23 (AY 2023-24). If net taxable income is below Rs 5 lakh, the penalty amount is Rs 1,000. If your net taxable income is below the basic exemption limit, you do not need to pay any penalty while filing a belated ITR.

By Florence Tan and Mohi Narayan

Double-door refrigerators, the epitome of style and functionality, have revolutionised modern kitchens. With their sleek design and spacious interiors, they seamlessly blend aesthetics with practicality. These appliances offer ample storage space, separating fresh produce from frozen items efficiently. The convenience of accessing everyday essentials from the top compartment and frozen goods from the bottom freezer enhances the user experience. Innovative features like adjustable shelves, humidity controls, and energy-efficient technology further elevate their appeal. Whether you're a culinary enthusiast or a busy homemaker, double-door refrigerators cater to diverse needs. Embrace the harmony of form and function as these refrigerators adorn your kitchen, redefining the heart of your home. To explore the best double-door refrigerators, click here. Single-Door Refrigerators: Compact and Energy-Efficient Solutions Best Amazon Sale on Single Door Refrigerat

by Dr. Vivek Lall

Supreme Court on Monday granted time till September 30 to the Delhi government to finalise the Motor Vehicles Aggregator policy towards regulating bike taxis. The court allowed the state govt application in this regard.

Coast Guard on Monday carried out a mid-sea medical evacuation of a critically ill mariner aboard a foreign vessel off the Kerala coast amidst extreme weather conditions, a Defence statement said. The Coast Guard carried out the medical evacuation of mariner Valid Ola Gilbert, a Filipino national, from MV Evelyn Maersk onboard one of its vessels as it was difficult to shift him to the Advance Light Helicopter (ALH), the statement said. The vessel was enroute from Colombo to Suez Canal and was 110 nautical miles away from Kochi when the request for aid was received, it said.

Adani Enterprises shares declining the most by over 5%, being the top loser on the Nifty index. Among other Adani Group stocks, Adani Power and Adani Transmission plunged more than 4% each, while Adani Ports & SEZ, Adani Green Energy, Adani Total Gas and Adani Wilmar shares were down over 3% each.

Rahul Gandhi on Monday said that India will be truly successful only when women occupy equal space in society. Taking to X, Congress leader said, "India will be truly successful only when women occupy equal space in our society. #IndiraFellowship seeks to empower women & transform politics.

Pepe Coin has experienced a notable resurgence, grabbing the attention of many investors. Its consistent upward trend has surged from $0.000001185 to roughly $0.000001356 with a trading volume of $100 million. 

While SCSS is undoubtedly one of the safest investment avenues for senior citizens, those who want to take some risks may explore mutual fund investments for higher returns. However, any such step should be taken only after consulting a professional financial advisor.

The recent decision of the Reserve Bank of India to keep the repo rate unchanged has allowed more time for senior citizens and other bank customers to book fixed deposits at higher rates. At present, several banks are providing over 9% interest on FD to senior citizens as well as general customers (see below).

India has had a payments revolution with UPI. Now, thanks to India’s digital public goods, another financial revolution is underway. This time, it’s in lending. Aadhaar led the Gen 1 public goods. Gen 2 has DigiLocker, Account Aggregator, and Video KYC. Together, these are enabling lending with speed, cost savings, and convenience.

If you have filed Income Tax Return for AY 2023-24, you may receive an Income Tax intimation or notice for several reasons. However, there is no need to worry if you have provided all the correct information to the Income Tax Department while filing ITR. In case, you didn’t, it is recommended to consult a tax professional to carefully draft responses to the notices sent by the Income Tax Department. Here’s a look at six types of income tax notices that taxpayers may receive this year.

The Mutual Fund market in India is set to witness a boom in the near future with the arrival of new players. This article looks at the new players and what they are expected to provide to investors, as per publicly available details.

Tier 1 supplier Samvardhana Motherson International (formerly Motherson Sumi Systems) has announced its financial results for Q1 FY2024.