Provident Financial News

Question: Can non-furnishing of income tax return attract prosecution u/s 276CC of the Income Tax Act, 1961 (hereinafter referred to as ‘the IT Act) wherein the net tax payable after deduction of TDS and advance tax payable is less than Rs 10,000? Kindly guide us on the recent decision of the Madras High Court pertaining to initiation of prosecution u/s 276CC of the IT Act in regards to the same.

The summit drew in over 60 distinguished personalities, solidifying its position as a genuine congregation of thought leaders. Additionally, it welcomed 600 attendees from the education industry, encompassing all stakeholders.

Learn more about Dr. Bart Kachniarz Dr. Nirmal Nathan's credentials as a Board Certified plastic surgeon are complemented by his extensive scholarly contributions to the fields of aesthetic surgery.

InstaAstro, an online astrology consultation app, has made possible in just two years. Do you know the reason behind this success? A remarkable repeat rate of astrology consultation is conceivable only through top-class guidance from top-skilled astrology experts. InstaAstro thrives to be the best in the industry in this aspect.

OSIRIS-REx . The probe will drop its cargo off en route to another asteroid, Apophis, at which it is due to arrive in 2029. Astronomers take a great interest in asteroids.

Third party bike insurance is a type of two-wheeler insurance coverage where you get coverage for all third-party liability expenses. The covers under this type of policy include: If you happen to damage a third-party vehicle with your vehicle, you will have to compensate the owner for the damages incurred. This can be quite expensive.

The European Union’s powerful antitrust chief has withdrawn as a candidate for the presidency of the European Investment Bank

BRUSSELS/MADRID (Reuters) -EU finance ministers on Friday picked Spanish Deputy Prime Minister Nadia Calvino to become the next head of the European Investment Bank in a boost for Spain's clout within the bloc.

Bond traders who powered a ferocious rally in the $26 trillion U.S. Treasury market are about to find out if they’ve gotten ahead of themselves.

Investing.com — U.S. stock futures turned lower on Friday, as investors focused in on the all-important November jobs report.

Back in June, when China’s youth unemployment rate hit a record 21.3%, Western analysts saw it as a sign of a moribund recovery. China’s ministry of statistics responded by announcing it would no longer publish the statistic. Six months on, that move might have had the desired effect.

defence ministry in Parliament on Friday. Responding to a question in Lok Sabha, Minister of State for Defence Ajay Bhatt also said 9,119 posts of sailors are lying vacant in the Navy as on October 31.

banking sector by 2047 with substantial Indian ownership, universal access to banking and other financial services for all our citizens at the lowest intermediation costs, financial services secretary Vivek Joshi said. Speaking on the NextGen Reforms at the CII Global Economic Policy Forum 2023, Joshi said cybersecurity and digital data protections will be an area of concern and emphasised on a need for continuous review of financial reforms to identify regulatory gaps and overlaps and benchmark them with the best global practices. “The expenditure on cyber security arrangements needs to be enhanced by all stakeholders.

Canada is threatening to cap the number of foreign student visas if the quality of education and housing doesn’t improve for the newcomers, a move that would limit an important source of revenue for colleges and universities. “We are prepared to take necessary measures, including significantly limiting visas, to ensure that designated learning institutions provide adequate and sufficient student supports,” Immigration Minister Marc Miller told reporters at an Ottawa event Thursday. Think you check all the immigration boxes? Find out The number of foreign students in Canada has nearly tripled in the past decade, reaching more than 800,000 last year. The students pay about five times as much tuition as Canadians and are also grappling with soaring housing costs due to a severe supply shortage. Post-secondary schools, and the provinces and territories that regulate them, have until September to ensure that international students are “set up for success,” Miller said. Canada has a responsibility to support newcomers and protect them from “unscrupulous individuals” who offer inadequate living conditions with inflated prices, he added. “There are in provinces the diploma equivalent of puppy mills that are just churning out diplomas and this is not a legitimate student experience,” he said. “There is fraud and abuse and it needs to end.”

By Lisa Baertlein

By Tetsushi Kajimoto

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By Paul Carsten

The surge in AI stocks gained momentum with the introduction of ChatGPT, intensifying the competition among companies to integrate AI into their products and platforms.

Investing.com — Markets are focusing in on the impending publication of the November U.S. nonfarm payroll report, a highly-anticipated data point that may shed more light on the state of the American labor market and serve as a signpost for the Federal Reserve's future policy choices. Elsewhere, Apple (NASDAQ:AAPL) and its suppliers are reportedly aiming to move a quarter of global iPhone production to India, as the tech giant looks to reduce its reliance on China during a time of strained relations between the U.S. and Beijing.

Gold prices hit another record high this week after a roaring 2023, and a combination of geopolitical tensions and continued central bank buying should see demand remain resilient next year, according to the World Gold Council.