Provident Financial News

Sure, it glitters less than gold and silver, but copper and copper ETFs could provide upside and diversification for advisors seeking commodity exposure.  

Modi government notified the Citizenship (Amendment) Act's (CAA) rules, preparing for its implementation. With this move, GoI makes it easier for minorities from neighbouring countries who came to India before December 31, 2014, to become citizens of this country.

Citizenship Amendment Act, 2019 before Lok Sabha polls, the central government notified the CAA-19 rules on Monday. With the implementation of the CAA, non-Muslim migrants from Bangladesh, Pakistan and Afghanistan can easily get Indian citizenship. The law applies to all the people who came from the three countries on and before December 31, 2014.

Chinese-made cargo cranes that have been flagged as a security concern by an ongoing congressional probe in the United States are widely deployed throughout Canada’s ports.

By Trevor Hunnicutt and David Lawder

By Dawn Chmielewski

Saral Sanchaar) permission will be provided where spectrum would be used by colleges or institutions, by paying ₹1,000 they get permission for testing the equipment. This regulatory sandbox was designed to foster innovation and remove bottlenecks," the minister said.

Debbie Crosbie isn't a 'banker' in the M&A sense, but she does run a bank, and she is doing the kind of deal that will make the actual Financial Institutions Group (FIG) bankers at UBS who are working with her feel vindicated in their career choices. 

Banks aren’t the most environmentally friendly employers in the world. Not all are equally as bad each other, however.

The Reserve Bank of India (RBI) has announced that seven Non-Banking Financial Companies (NBFC) have surrendered their Certificate of Registration (CoR).

In India, women play multifaceted roles as homemakers, professionals, entrepreneurs, leaders and caretakers. Amidst all these responsibilities, understanding tax-efficient investment strategies is essential for their financial empowerment and security. There are certain tax benefits available specifically for women taxpayers.

Financial independence is not just about earning money; it’s about having control over one’s finances and future. The significance of women’s financial independence cannot be overstated. It not only provides economic stability but also empowers women to make decisions that shape their lives on their terms. Achieving financial independence is crucial for women to lead successful lives.

Health insurance serves as a vital safety net, offering financial protection against the ever-present risks of illness and injury. In India, where healthcare costs continue to rise, having adequate health insurance coverage is crucial for safeguarding one’s well-being and financial stability. However, what happens when your existing health insurance policy fails to cover the specific illness or medical condition you may require coverage for?

There is bad news for those looking for a hike in the interest rates of small savings schemes for the coming quarter – April 1 to June 30, 2024 – as the government has announced that there will be no change in the interest rates of these schemes for this period.

As part of the Development Plan 2031 for the Gurgaon Manesar Urban Complex (GMUC), the Dwarka Expressway, also known as the Northern Peripheral Road (NPR), has been developed as a northern ring road. This expressway provides additional connectivity between Gurgaon and Delhi, serving as an alternative route to the existing NH 8.

Amidst elevated valuations in small- and mid-cap stocks, investing in flexi-cap funds can provide a balanced approach to manage risks. As fund managers invest across large-, mid- and small-cap stocks without any restriction, such funds earn higher returns in the long-run and are ideal for core allocation.

By Soumya Sarkar

March is a crucial time for all taxpayers to stay on top of their income tax responsibilities and make smart financial moves. Whether you are a salaried individual or running your own business, here is a simple breakdown of what you need to do before March 31.

spectrum regulatory sandbox allowing entities including educational institutions, telcos and network manufacturers to test their equipment by paying a notional amount and doing registration. As per Communications Minister Ashwini Vaishnaw, through the sandbox, the Department of Telecommunications (DoT) will be giving easy permissions to test new equipment that requires use of spectrum. “Let’s say, a college design a new equipment which requires spectrum to be used for testing. Instead of coming to DoT for a license and a number of license conditions and a series of other requirements, can we create a very simple construct in which the college simply logs in through a portal and everything that needs to be done is done by paying a token amount of Rs 1000,” Vaishnaw said.

‘Compliance Portal’ launched by the Income-tax department is showing inaccurate/inconsistent financial information for several taxpayers, as per numerous complaints on social media and chartered accountants. As per chartered accountants, the compliance portal is showing highly inflated transaction value and advance tax liability. In this regard the Income-tax department has said on X in a post dated March 11, 2024, “Based on feedback from taxpayers on the e-campaign for Advance Tax, the Department has identified certain inconsistencies in the data of the securities market (SFT-17) provided by one of the Reporting Entities.

Dharavi Redevelopment Project — a special purpose vehicle set up through a joint venture between the Adani Group and Maharashtra government — on Monday said it will begin a survey next week to determine eligibility of the slum residents for their rehabilitation. Starting with Kamla Raman Nagar from March 18, the survey will collect data from lakhs of informal tenement residents, according to a statement. «The data will be used by the state government to determine their rehabilitation eligibility criteria under the proposed redevelopment project,» it said. A specially developed app will be used to capture the data and every informal settlement will be given a unique number, which will be followed with laser mapping of each lane.