Provident Financial News
26.07 / 07:59
Provident
CEO
Platform
Strategy
Holdings
Financial
Bandhan Financial Holdings to acquire Aegon Life Insurance
Bandhan Financial Holdings (BFHL) has entered into a “definitive agreement” with Aegon India Holding and Bennett, Coleman & Company for the acquisition of the entire shareholding of Aegon and BCCL in Aegon Life Insurance Company.
26.07 / 07:59
Provident
CEO
Strategy
Lawson
acquires
UK-based InVentry acquires Hipla Tech to become a leading provider of smart workplace solutions
InVentry, a UK-based global leader in technology solutions, has acquired Singapore-based Hipla Technologies, a pioneer in smart workplace management solutions. The acquisition is part of InVentry’s global expansion plan and will support their international growth strategy across both Singapore and India.
26.07 / 07:59
26.07 / 07:59
Provident
country
cover
Study Abroad: New student travel health insurance plan covers all conditions mandated by universities
Niva Bupa Health Insurance Company Limited has launched a new Student Travel Plan under TravelAssure product. In a statement, the insurer said this comprehensive health insurance program is specifically designed to cater to the needs of students who are embarking on higher studies abroad.
26.07 / 07:59
UPS
Provident
Entertainment
Mobile
track
Dwarka Expressway: A thriving hub for luxury housing
Dwarka Expressway has emerged as a thriving hub for luxury housing, offering a promising prospect for homebuyers and investors alike. The segment has witnessed a surge in new project launches, and completed or near-completion projects are in high demand, with limited availability. The combination of ample land banks, robust regulatory checks, and the presence of reputed developers positions the luxury housing segment in Dwarka Expressway for substantial future growth.
26.07 / 07:59
Provident
Platform
Strategy
Wright Research launches Quant-based PMS with a minimum ticket size of Rs 50 lakh
Wright Research, a SEBI Registered Investment Advisor (RIA) and retail robo-advisory platform has launched a Quant-based Portfolio Management Services (PMS). In a statement, Wright Research said the new PMS will use AI algorithms to find and make the most of market irregularities and inefficiencies.
26.07 / 07:59
COST
UPS
Provident
Maxim
Align
Home Loans and Income Tax: How to maximize tax savings and minimize liabilities
In today’s world, owning a home is not only a symbol of stability and security but also a powerful financial asset. Home ownership provides individuals and families with numerous benefits, one of which is the potential for significant tax savings and the ability to minimize financial liabilities. Understanding how to leverage these advantages can make a substantial difference in your financial well-being and long-term wealth creation.
26.07 / 07:59
UPS
Provident
Digital
Aware
Action
Why is the number of ITRs filed increasing? FM Nirmala Sitharaman shares reasons
ITR filing 2023: The number of ITRs filed has increased year-on-year since FY 2019-20. According to data shared by Finance Minister Nirmala Sitharaman in the Lok Sabha on Monday (July 24), the number of ITRs filed in FY 2019-20 was around 6.48 crore, which increase to 6.72 crore in FY 2020-21. In FY 2021-22, more than 6.94 crore returns were filed by taxpayers. However, in FY 2022-23, all previous records were broken as more than 7.4 crore returns were filed.
26.07 / 07:59
Provident
Citizens
VISA
Can Senior Citizens and Super Senior Citizens benefit by filing Nil ITR before July 31 deadline?
NiL ITR Filing AY 2023-24 for Senior Citizens and Super Senior Citizens: There are several benefits of Income Tax Return (ITR) filing even when your income is below the basic exemption limit. Senior citizens can also get these benefits by filing Nil ITR, i.e. the return filed when income is below the exemption threshold.
26.07 / 07:59
UPS
Provident
FIVE
Citizens
country
Will Uniform Civil Code impact tax benefits of Hindu Undivided Families? Finance Ministry responds
While the Uniform Civil Code (UCC) is in the news these days, the Government has not done any assessment of how UCC is going to impact the tax benefits provided to Hindu Undivided Families (HUFs). More so, because there is no such Code at present.
26.07 / 07:59
UPS
Provident
social
NOT
Tax Talk: Pre-filled data in ITR not enough, do due diligence
The introduction of pre-filled income tax forms by the Income Tax Department aims to simplify the process of filing tax returns. By auto-populating information obtained from the returns filed by others like employers, banks, mutual funds, and other deductors, the department intends to ensure that taxpayers report their income accurately. While this innovation has been well-received by many, caution and thoughtful consideration are required when relying solely on pre-filled ITRs.
26.07 / 07:45
COST
UPS
Citi
Provident
Waters
Adventure
Future
Best electric cycles: Unleash the thrill of eco-friendly riding and embrace a greener future
Join the growing community of eco-conscious adventurers who have unlocked the true potential of electric cycling. Say goodbye to conventional commuting and embrace a thrilling, eco-friendly lifestyle with the best electric cycles that will revolutionize your daily travels.
26.07 / 07:45
Provident
Free travel ends, toll collection starts on Bundelkhand Expressway from today. Here are the toll rates
Bundelkhand Expressway, inaugurated on July 16 last year, will now be required to pay toll charges as toll plazas on the expressway will get operational. The access-controlled expressway, featuring four-lanes, connects Etawah to Chitrakoot via Auraiya, Jalaun, Hamirpur, Mahoba, and Banda. With the completion of this expressway, the distance to Delhi has been reduced to just 7-8 hours.
26.07 / 07:45
UPS
IPO
Provident
performer
track
hospital
Yatharth Hospital IPO subscribed 30% so far on first day of bidding process
Yatharth Hospital was subscribed 30% in the first few hours on the first day of the bidding process on Wednesday. At 12.04 pm, the public issue garnered 30% bids, with its retail portion subscribed 47%. The portion reserved for non-institutional investors (NIIs) received 28% bids so far today.
26.07 / 07:35
Provident
Strategy
Executive
Bupa names new local chief executive
Nick Stone has been named head of Bupa Asia Pacific, succeeding long-serving chief executive Hisham El-Ansary who stepped down last year after 15 years with the healthcare group.
26.07 / 07:13
COST
UPS
Provident
Manufacturing
Strategy
track
Q4
L&T margins should improve in Q4 of current year and next 4 quarters: CFO
R Shankar Raman, Whole-Time Director & CFO, L&T, says “as a strategy, the company is looking at asset-light return high areas of operations. Consequently, the cash that gets generated beyond the requirement of the company is meant for shareholders. Returning money to shareholders can take a couple of forms.
26.07 / 07:01
26.07 / 06:27
Provident
Manufacturing
Huawei
Vodafone
stage
country
Chinese telco ZTE is on the hunt for new routes into India
ZTE is in talks for transfer of technology and designs and formation of a joint venture with Indian companies, TOI reported. The move comes as the company is looking to freeze on the business amid Indian government’s constant concerns towards security. Apart from ZTE, Huawei is also facing the heat from the Indian government amid border tensions between the two Asian nations.
26.07 / 05:55
Provident
Twitter
Income tax news: Do I have to request the bank to deduct TDS from my interest?
ITR. Now, in one bank there is no TDS as the interest payable is less than ₹40,000/- and another bank deducts tax where the interest payable exceeds Rs. 40,000/-.
26.07 / 05:53
26.07 / 05:53
Provident
MET
Man
Southern
Inside
Insider lawsuit claims AACo director leaked to UK billionaire
A director of beef giant AACo leaked board conversations about a devastating hit from the Queensland floods to Premier League club-owner and billionaire Joe Lewis, according to an insider trading lawsuit.
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