Provident Financial News

aggregators like BillDesk and CCAvenue have received notices from the goods and services tax authorities, demanding GST on the fee they charged merchants for processing digital transactions of under Rs 2,000, three people in the know told ET. “Yes, we have received a show-cause-cum-demand notice,” said Vishwas Patel, joint managing director of Infibeam Avenues which runs payments processor CCAvenue, responding to ET’s queries. “Our teams have responded to the notice,” he said. BillDesk did not respond to an email seeking comment.

PhysicsWallah is in the final stages of closing a $150-million funding round led by Asian hedge fund Hornbill Orchid that will value the Noida-headquartered edtech unicorn at $2.8 billion, over 150% higher than its previous valuation, said people briefed on the developments. While Hornbill Orchid is likely to invest $70-80 million, a big chunk of the remaining amount is expected to come from venture capital firm Lightspeed that has previously backed edtech rival Byju’s, they said. “The round is nearly done and Hornbill Orchid is leading it, putting the biggest amount of capital in the round,” one of the persons said.

Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in...

Read more about other Gift items on the Top Trending Products page. Check out the best Premium Gifts for Father below. 1. One94Store LED Desk Lamp The One94Store LED Desk Lamp is a versatile and stylish addition to any home or office, blending functionality with a sleek Art Deco design. Featuring a multi-purpose build, this lamp doubles as a pen holder and offers three color modes (warm light, white light, and natural light) with adjustable brightness, allowing you to customize the lighting to suit your needs. The lamp is equipped with an intuitive touch sensor for easy control of power, brightness, and color modes. Its rechargeable USB battery ensures long-lasting use, making it ideal for desks, bedside tables, reading areas, or livin

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...

Michael Graw is an experienced freelance finance and tech writer, specializing in cryptocurrencies, decentralized finance, and Web 3.0 since 2018. His work has been featured on various financial news...

More than two months after Hurricane Beryl, the strongest July Atlantic hurricane on record, some farmers in Jamaica are still unable to restore their crops and repair their homes

Google is being slammed by U.K. regulators who say it’s taking advantage of its dominance in digital advertising to thwart competition in Britain

MPV’s interior showcases its premium design, highlighted by leather-clad captain seats and power-operated doors. As per HT Auto, some of the key features expected in this model include a pair of 12.3-inch digital displays for both the instrument cluster and the infotainment system, complete with wireless Apple CarPlay and Android Auto support.

West Bengal Governor CV Ananda Bose has sent the newly passed Aparajita Bill for consideration of the President of India after receiving the mandatory technical report from the West Bengal government. “On receipt of a mandatory technical report from the West Bengal government, the Governor has referred the Aparajita Bill for consideration of the President of India,” a Raj Bhawan statement said. The West Bengal state assembly passed a new bill, named Aparajita Women & Child (West Bengal Criminal Laws Amendment) Bill, 2024, on Tuesday.

What are buyers saying on Amazon?Buyers appreciate the aesthetic appeal of the washer, noting that it is quite attractive. Nevertheless, there are varied opinions regarding its quality and performance.Why choose this product?Choose this for a durable design, with a rust-resistant body and rodent control.

South Africa’s justice minister has denied corruption allegations against her related to a mutual bank scandal in which thousands of retirees lost their life savings

Rajasthan, and West Bengal. The government provided ₹6,500 crore for electrification work in the budget for FY25 which also includes unused funds from the previous year, one of the persons quoted above said. A query sent to the railway ministry remained unanswered till press time.

Supreme Court on Friday refused to stay the implementation of Adani Goodhomes Pvt Ltd's resolution plan for debt-ridden Radius Estates & Developers Pvt Ltd, even as it sought response from the resolution professional and others on an appeal by Beacon Trusteeship Ltd, a dissenting financial creditor. Beacon claimed that it didn’t get a fair deal as the plan gave a 93% haircut to its claims. The Bench led by Justice Sanjiv Khanna said it will examine the question of dues payable to Beacon Trusteeship and posted the matter for further hearing in January.

Boeing Starliner spacecraft is set to make its journey back to Earth from the International Space Station (ISS) this Friday. The uncrewed capsule will depart from the ISS, leaving behind its crew members, NASA astronauts Suni Williams and Butch Wilmore, who will continue their mission on the orbital outpost. Despite the spacecraft's earlier technical challenges, both NASA and Boeing express confidence in a successful return, although not confident enough to have the astronauts onboard for this particular trip. Steve Stich, NASA's commercial crew program manager, conveyed optimism during a recent briefing, stating, “We have confidence in the vehicle. It’s been a journey to get here, and we’re excited to have Starliner undock and return”, as quoted in a report by USA Today.

Index-tracking stock funds with $350 billion in assets are due for a big revamp later this month, after S&P Dow Jones Indices retooled its rules to curb the dominance of the largest companies. With the equity market getting increasingly top-heavy in the era of Big Tech, S&P will now reduce the weightings of the market leaders in proportion to their capitalization — in the event they get even bigger and breach size-related thresholds in key industry benchmarks, it said in a statement this week.

Four months out from an unprecedented split between the regulators for accountants in Ontario and Quebec and their national counterpart, CPA Canada is pitching a new, separate membership to accountants in the departing provinces.

You can be forgiven if you missed the latest development in the ongoing saga of the new trust reporting rules, especially If you’ve been away over the summer.

₹1 lakh to ₹10,000 is a significant step towards this. While it opens up new opportunities for retail investors, it’s important to be aware of the risks before diving into bond investments, and remain vigilant once you do. Retail investors often assume that bonds are safer than equities.

Delhi government has proposed a compensation of Rs 7.5 lakh for the families of prisoners who die due to unnatural causes while in custody in the city's jails. According to a statement, the proposal, aimed at addressing grievances and upholding human rights within the prison system, has been submitted to the lieutenant governor for approval. «Unnatural custodial deaths, as defined by the policy, may occur due to incidents such as quarrels between inmates, mistreatment or torture by prison staff, or negligence by medical officers,» the statement said. However, the compensation will not apply in cases of death by suicide, escape attempts, natural causes or disasters.

Bitcoin (BTC) lost ground in early trading on Friday after closing more than 3% lower yesterday as investors braced for the highly anticipated August jobs report due this morning, a key piece in the puzzle for gauging the timing and size of widely expected interest rate cuts by the Federal Reserve later this month.