Provident Financial News

A substantial warning has been issued by the Securities and Futures Commission (SFC) of Hong Kong against two cryptocurrency firms, namely Hong Kong Digital Research Institute (commonly known as HongKongDAO) and BitCuped, both of which are accused of engaging in fraudulent operations.

Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week: upgrades for Nike, Zscaler, and Live Nation Entertainment; new buy ratings for Microsoft and First Solar.

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how to apply it in practice. If there were some way we could agree on a fair share for every country in the global carbon budget, countries could be required only to live within this share, while being left free to determine how to do it. Net zero dates would be irrelevant.

“fascist regime" ahead of the "first-ever virtual jalsa" organised by Imran Khan's party Pakistan Tehreek-e-Insaf (PTI) on Sunday. "Ahead of PTI's first ever Virtual Rally #PTIVirtualJalsa...The fascist regime in #Pakistan have slowed/shut down internet," a social media user claimed. She also shared screenshots from Downdetector showing outages reported on X.

By Guy Faulconbridge

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Indian Army to show to the world that «enough is enough» and challenge the «neighbourhood bully», says Gen Manoj Mukund Naravane, the 28th Chief of Army Staff, recounting the Indian response to the Chinese aggression in Eastern Ladakh in 2020. In his memoirs 'Four Stars of Destiny', Naravane, providing a rare insight into the deadly Galwan Valley clashes, says Chinese President Xi Jinping will not forget June 16 any time soon as China's People's Liberation Army suffered «fatal casualties» for the first time in over two decades in the fighting.

Narendra Modi on Sunday inaugurated the Surat Diamond Bourse, which will have facilities like international banking, safe vaults, jewellery mall and create about 150,000 new jobs, during his visit to Gujarat. He also inaugurated the new terminal building of Surat Airport, which can handle 1,200 domestic passengers and 600 international passengers. Constructed in 6.7 million square feet, the Surat Diamond Bourse will be the largest office space in the world.

Sajjan Jindal on Sunday issued a statement responding to the Mumbai police FIR in alleged rape case, reported ET NOW. He has called the allegations “false and baseless” adding that he is committed to providing full cooperation throughout the investigation.

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Grihum Housing Finance, formerly known as Poonawalla Housing Finance, has applied to the Insurance Regulatory and Development Authority of India for a corporate agency licence, which will help diversify product offerings and earn fee income. The company expects to receive the licence by March.

In the dynamic world of mutual fund (MF) investments, the pursuit of excellent returns is a primary goal for MF investors. If you are looking for an investment avenue that offers the potential for risk-adjusted superior returns, look no further than the Balanced Advantage Funds.

Having insurance coverage is crucial for managing a health emergency, but it’s equally important to maintain financial stability when faced with a health crisis. Often there are many confusions and doubts when you purchase a term insurance plan, but these can be addressed if you carefully assess your requirements.

By R.P. Gupta

Question: What are the disclosure requirements for Indian residents who hold foreign assets? Answer by Dr Suresh Surana, Founder, RSM India: 1.0 Applicable Schedule in the ITR: Schedule FA (i.e. Schedule on Foreign Assets held outside India) must be filled by every individual taxpayer who is a resident and ordinarily resident in India and owns or has a beneficial interest in assets abroad or derives income from foreign sources during the relevant calendar year or has signing authority in any account outside India. As such, Schedule FA need not be filled by those having status of either non-residents (NR) or Resident but Not Ordinarily Resident (RNOR). For instance, an Indian investor buying US stocks from international brokerage platforms cannot opt for Form ITR-1 (SAHAJ) or ITR-4 (SUGAM) for filing their ITRs and would be required to file their income tax return in Form ITR-2 or ITR-3, as applicable.

Aadhaar is a vital identity document for citizens in the country, containing important information like name, address, photo, biometric data, and other key identity details. It is widely accepted as a crucial proof of identity in both government and non-government settings. It is important to keep the information on Aadhaar, including the photo and address, up to date.

In the dynamic and ever-evolving landscape of modern business, the concept of flexibility has become integral to success. As organizations strive to adapt to rapidly-changing environments, flexspaces have emerged as a strategic solution, offering not only operational flexibility but also substantial tax advantages.

By Chiradip Bandyopadhyay

By Mike Hanley

Cashback credit cards allow you to earn some money back when you swipe your card to buy things. This money might come as points or cash that goes into your account. Most credit cards offer cashback for spending on groceries, food, lifestyle, entertainment, electronics and bills payment. Cashback is one of the key benefits credit cards offer to consumers as it’s a tangible reward, offering actual cash for regular expenditures.