Provident Financial News

UP Board Exams 2024: Over 55 lakh students set to appear for Class 10 and 12 examinations today Sources indicate that during discussions about introducing OBE for CBSE schools, the curriculum committee emphasised the need for high-quality textbooks. The committee also considered the proposal of having teachers take open book exams first to understand the concept, proposing a standard benchmark similar to the Advanced Placement examination in the United States.

₹195 for 250 MB of data, ₹295 for 500 MB, and ₹595 for 1 GB. Additionally, all options include 100 minutes of outgoing calls and 100 SMS, with a 24-hour validity.

Dollarama has reached a proposed national $2.5 million settlement in Quebec Superior Court in a class-action lawsuit that alleged the company advertised incorrect prices for certain products.

By Anant Chandak

scheme for women safety with an approval of Rs 1,179.72 crore till 2025-26. The Union Cabinet took the decision on Wednesday night in an effort to check incidents of crime against women in the country. According to the latest record of the National Crime Records Bureau (NCRB), a total of 4,45,256 cases of crime against women were registered across India in 2022 — almost 51 FIRs every hour on an average. The figure was 4,28,278 in 2021 and 3,71,503 in 2020.

The ceremonial commencement of Berger's manufacturing facility took place on February 15, 2024. Hon’ble Chief Minister Naveen Patnaik inaugurated the facility and participated in the groundbreaking ceremony alongside Government dignitaries and Berger Paints officials.

By Nick Carey

Employees' Provident Fund, life insurance premiums, tuition fees, home loan principal repayments, etc., as these qualify for deductions of up to ₹1.5 lakh under Section 80C. Income tax allows exemption and deduction of certain investments made during the year. As the financial year 2023-24 is about to end, individual taxpayers need to make investments before March to claim the benefit in the Income Tax Return (ITR).

Although it is every student’s dream, only a handful manage to study overseas. And financial constraints act as the main deterrent. Availing education loan is the most promising way to show sufficient funds in a legible and trustworthy manner. This source of funds is easiest to be verified by the embassy assessing your file to grant the visa. Education loans have helped many to fulfill their dreams by providing the necessary financial support. Here we magnify some challenges surrounding overseas education loans under the microscope and suggest probable solutions:

Belagavi South assembly constituency, that houses hundreds of industrial units. Shridhar Uppin, Founder & CEO of engineering company Positron, was routinely supervising the operations at his factory, which produces heat exchangers. Despite the shop floor operations going on smoothly, Upin was concerned. He slowly opened up enough to share his worries. “My next generation is not inclined towards managing the company’s operations. They are happy with their regular 9-5 salaried job. I am now thinking of passing on the baton to the most deserving candidate on the shop floor,” said Uppin, 51, a first-generation entrepreneur. However, this was not the only concern. A bigger worry is the infrastructure-related issues plaguing Belagavi’s industrial area. “The city has grown exponentially in the past 10-15 years in terms of industries, but the kind of infrastructure that is required is still missing. Notably, Belagavi is among the top three cities in Karnataka in generating revenue and providing employment. We sometimes feel the city gets a step-motherly treatment from the state government,” said Uppin, the deepening creases on his forehead indicating the extent of his worries.

USA. Recently, she checked her Form 26AS online and discovered a TDS entry of INR 20,000, deducted at 30% of the interest earned in her NRO account in India. Now, the big question arises: Does Srishti need to pay tax in India? And is it mandatory for her to file an income tax return? Let's take a look into the world of income tax filing for NRIs to find the answers.

Competition Commission of India (CCI) has notified regulations governing the so-called lesser-penalty plus or, more commonly, the leniency-plus regime, which would allow companies that are under probe for cartelisation to report other cartels and get their own penalties reduced. The regulations followed a notification by the Ministry of Corporate Affairs (MCA) that said the regime would come into force on February 20. This regime was proposed in the Competition (Amendment) Act 2023, modifying an earlier framework. According to the new regulations, the anti-trust regulator can reduce penalty by up to an additional 30% for a company for being part of the first cartel, besides trimming it by up to 100% for its involvement in the newly-disclosed cartel, said analysts.

Car insurance is crucial for car owners, providing financial protection against unexpected accidents. However, the process of claiming can be tricky, and having your claim rejected can be stressful. Many reasons can lead to rejection, but with proper understanding and precautions, you can reduce the risk of facing this situation.

Airbus said Thursday that Vietnamese airline Vietjet Air has agreed to buy 20 of its A330-900 planes. Vietjet signed a memorandum of understanding with Airbus for the wide-body aircraft, which will replace its current fleet of leased A330-300 planes, Airbus said in a statement. "We are excited to work with Vietjet on the next phase of the carrier's expansion," said Christian Scherer, chief executive of Airbus's commercial aircraft business.

Apple has launched a new Apple Sports app that gives sports fans access to real-time scores, stats, odds and more right from their lock screen. The new Sports app is free and doesn't come with any ads for now, and is initially available to iPhone users in the US, UK and Canada.

After more than a year of rate-tightening cycle, economies world over are likely to see liquidity conditions ease and interest rates trend lower later in 2024. In such a scenario, Arindam Mandal, portfolio manager at Marcellus Investment Advisors anticipates a gradual return to the traditional 60/40 model of asset allocation for the average investor, consisting of 60% equities and 40% bonds. “This allocation strategy endured a challenging period over the past couple of years. Historically, election years have often translated to favorable returns, providing a promising outlook for the calendar year ahead,” Mandal said in an interview with ETMarkets. For Indian investors, Mandal recommends a 70% allocation to domestic equity and a 30% allocation to global equity, striking a balance between local opportunities and exposure to international markets. Edited excerpts:

Grayscale, the world’s largest crypto asset manager, is looking to invest in the emerging market for data privacy with a new exchange-traded fund.

iQOO Neo 9 Pro smartphone in India today. The smartphone is likely to provide stiff competition to the newly unveiled OnePlus 12R, while also coming at a lower price point and with similar specs. Also Read | OnePlus 12R review: Relatively affordable ‘flagship killer’ that ticks all the right boxes According to an earlier leak by tipster Mukul Sharma, citing a screengrab of the iQOO Neo 9 Pro product page, the smartphone will be priced at ₹37,999 for the 8GB RAM/256GB storage variant and with a ₹3,000 bank discount, the price of the smartphone comes down to ₹34,999.

FDs also bring income tax advantages. Presently, numerous banks, alongside small finance banks, are presenting enticing interest rates. Small finance banks generally offer higher rates than larger banks.

Twitter, has confirmed its compliance with executive orders issued by the Indian government demanding the suspension of specific accounts and posts, which are allegedly associated with the ongoing farmers' protest. Despite taking action to withhold the identified accounts and posts within India, X has expressed its disagreement with the government's directives, emphasizing its commitment to freedom of expression. As per the official Global Government Affairs account of X, the platform is acting under potential threat of significant fines and imprisonment. However, in a move to challenge the government’s demands, X has filed a writ appeal, which is currently pending. «The Indian government has issued executive orders requiring X to act on specific accounts and posts, subject to potential penalties including significant fines and imprisonment. In compliance with the orders, we will withhold these accounts and posts in India alone; however, we disagree with these actions and maintain that freedom of expression should extend to these posts. Consistent with our position, a writ appeal challenging the Indian government’s blocking orders remains pending. We have also provided the impacted users with notice of these actions in accordance with our policies,» Global Government Affairs tweeted.

By Rae Wee