Provident Financial News

29.07 / 12:53

UPS Provident FIVE Platform economy Experts RBI plans 5-episode web series to showcase 90-year journey

RBI) is planning a five-episode web series to provide an in-depth presentation about its functions and its 90-year journey. The web series is proposed to be for nearly three hours, with each episode having a duration of 25-30 minutes, according to an official document.

29.07 / 12:47

COST Provident Target trends country reports Digitalisation lowers costs and to boost volume of inward remittances

Reserve Bank of India said that global acceptability of the UPI and the development of CBDCs — can lower the cost of remittances, enhance their volume and also inflows to the recipients.

29.07 / 12:02

UPS Provident SPY Features Videos Updates Mahindra’s latest teaser sparks excitement for Thar Roxx's upcoming launch. What to expect

Mahindra Thar Roxx is expected to boost the already strong demand for the Thar series. While the three-door Thar model has been well-received, it has faced criticism for the difficulty in accessing the second-row seats and limited rear passenger space. The Thar Roxx, with its extended wheelbase and dedicated rear doors, addresses these issues, offering easier access and more room for back-seat passengers.Previous spy shots and teaser videos have hinted at various design changes for the Thar Roxx.

29.07 / 11:47

UPS Provident Enterprise information reports Department International Over 1.4 lakh recognised startups in India created more than 15.5 lakh direct jobs

startups have reported to have generated more than 15.5 lakh direct jobs to date, as it detailed various initiatives taken by ministries and departments to help create even more jobs and nurture young entrepreneurs in years to come.

29.07 / 11:42

markets Provident Platform security Schools Features International Risk consulting firm White Matter Advisory acquires 90% stake in fintech Fairexpay

White Matter Advisory on Monday announced the acquisition of a 90% stake in fintech startup Fairexpay for an undisclosed amount. The acquisition will help White Matter Advisory in expanding its portfolio in the area of cross-border remittance and fund collection services, a release said.

29.07 / 11:02

markets UPS Citi Provident Sustainability Trade performer Adani Total Gas Q1 Results: Net profit rises 14% YoY to Rs 172 crore

Adani Total Gas Ltd (ATGL), the city gas distribution arm of the Adani Group reported a 14% increase in consolidated net profit for the quarter ended 30 June 2024, helped by improved overall performance. Net profit came in at Rs 172 crore against Rs 150 crore in the June quarter of last fiscal.

29.07 / 10:29

UPS Citi Provident Digital consequences Department Paying income tax using net banking, credit card or debit card? You will be charged for it if you don't have this bank account

income tax debt using the e-pay tax payment service, as failure to do so may lead to serious consequences such as potential imprisonment in certain cases. Fortunately, there are multiple methods to settle income tax, including using a credit card and taking advantage of EMI options available for credit cards. However, banks may charge fees for processing such tax payments, although some payment options are free.

29.07 / 09:11

UPS Provident Digital Platform performer NPST Q1 FY 25 results: Net profit surges by 202%, marking best-ever quarterly performance

29.07 / 09:04

Provident Target security War Inside peace India vs Pakistan covert war? Kashmiri activist, former top cop allege 600 SSG commandos have infiltrated J&K

infiltration by Pakistani Special Service Group (SSG) commandos.

29.07 / 09:00

markets Provident security Strategy Software Align innovations SAP Labs India announces two global appointments

SAP Labs India Monday announced two global AI roles to be based at its Bengaluru hub.

29.07 / 08:04

Blockchain Provident Bitcoin country Updates Hong Kong Lawmaker Advocates for Bitcoin in Fiscal Reserves

Hong Kong legislator Johnny Ng has proposed that Bitcoin be used as an official financial reserve for the region.

29.07 / 07:09

Provident Extreme Analysis Bill Equality Courts Bihar reservation case: SC refuses to stay Patna HC's order of scrapping 65% quota; lists matter in September

Supreme Court on Monday refused to stay Patna High Court order that set aside the increase in reservation for Backward Classes, SC and ST from 50 per cent to 65 per cent in public employment and admission to educational institutions.

29.07 / 06:52

Provident Platform show track information Department recommendations What is the interest on income tax refund?

income tax refund after you file the income tax return (ITR) for that year. However, the processing of your ITR by the tax department and the issuance of an intimation notice confirming it is necessary before the income tax refund is issued. This intimation notice is provided under section 143 (1) of the Income-tax Act, 1961. This year, the deadline for filing returns for FY 2023-24 (AY 2024-25) is July 31, 2024.

29.07 / 04:26

COST UPS Provident Platform reports International How the budget has eased the rules for international transactions

Mint explains some of the amendments in the budget that are applicable to international transactions. Until now, investing in international stocks attracted a long-term capital gains (LTCG) tax rate of 20% with indexation benefit—adjusting for inflation—if the stocks were held for more than 24 months.

29.07 / 04:15

UPS Provident Enterprise show recommendations Mutual funds raise stake in TCS, Infosys, 2 other IT stocks; FIIs cut. Who's smart?

quarter earnings season in which IT majors managed to beat Street expectations led by significant improvements in the BFSI sector, mutual fund managers were smart enough to buy IT stocks even as FIIs sold. June quarter shareholding pattern shows that MFs raised stake in Infosys by 116 bps to 19.09%. The stock is up around 20% in the last one month.

29.07 / 02:31

UPS Provident CEO Experts information reports Wider income tax slabs, higher standard deduction make the new tax regime more attractive. Has Budget 2024 made you richer?

deductions under Section 80 or giving more exemptions have been sorely disappointed. The Budget has not made any change in the old tax regime, but proposed some tweaks in the new tax regime to make it more attractive. The Budget may have also increased the tax outgo for many taxpayers by hiking the tax on capital gains and removing the indexation benefit that applied to property,hybrid mutual funds and gold. Changes in new tax regime

29.07 / 02:19

UPS Provident Aviat WhatsApp Trade reports Stocks in news: ICICI Bank, Adani Wilmar, ACC, Dr Reddy's, IndiGo, IndusInd Bank

ICICI Bank, Adani Wilmar, ACC, Dr Reddy's, IndiGo, IndusInd Bank among others will be in focus due to news developments and first quarter results. Adani Total Gas, HPCL, Adani Wilmar, ACC Shares of Adani Total Gas, HPCL, Adani Wilmar and ACC will be in focus as the companies will announce their first quarter results today.

29.07 / 01:55

markets Provident Aware CEO Software Experts Features NPS Vatsalya announced, another tax nudge for NPS in Budget 2024: All you need to know

In a bid to spread the net wider and make the National Pension System (NPS) scheme more attractive, the government has brought private sector employees at par with government staffers in terms of the tax gains that the pension scheme offers.

28.07 / 23:35

Provident Fox Patrick Celebrity voice stars Features Family Guy Halloween Special: Everything we know so far

Glen Powell will guest star in the first of two "Family Guy" holiday specials on Hulu. The Halloween episode airs on October 14, featuring Powell as Patrick McCloskey.

28.07 / 19:59

Provident Booking show information reports Courts Tata Motors in legal battle with EPFO over pension fund transfer

Tata Motors, among a few companies having its own exempted pension fund, is locked in a legal battle with the Employees' Provident Fund Organisation (EPFO) over the transfer of pension funds.

28.07 / 19:58

Provident Manufacturing Trade innovations Department patient Pharmaceuticals Drug MNCs for keeping patient aid plan out of trade margin formula

patient assistance programme (PAP), which is designed to provide free access to drugs which are otherwise expensive, should be kept outside the scope of trade margin rationalisation (TMR).

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