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All You Need To Know About Aditya Birla Sun Life Mutual Fund

All You Need To Know About Aditya Birla Sun Life Mutual Fund

As an open-ended fund of funds plan that invests in units of ETFs focused on US Treasury Bonds with maturities ranging from 3 to 10 years, Aditya Birla Sun Life Mutual Fund has launched the Aditya Birla Sun Life US Treasury 3-10 Year Bond ETFs...

Action Against Solar Power Developers Who Violate Local Sourcing Regulations

Action Against Solar Power Developers Who Violate Local Sourcing Regulations

New Delhi: The center has warned solar power developers that they will face severe consequences if they are found to be breaking rules requiring domestic products for solar modules in government-funded projects. In an office memorandum, the...

7th Pay Commission: Central Government’s Dearness Allowance Hike

7th Pay Commission: Central Government’s Dearness Allowance Hike

Presided over by Prime Minister Narendra Modi, the Union Cabinet today approved the payment of an additional installment of Dearness Allowance and Dearness Relief, which is due on July 1, 2023. This decision will help 48.67 lakh Central Government...

ReNew Initiatives Covers 10 Lakh People Across 10 States

ReNew Initiatives Covers 10 Lakh People Across 10 States

ReNew, a green energy firm, announced on Wednesday that its activities in areas such as climate education, school electrification, and water conservation have reached around 10 lakh people. According to a statement, ReNew's corporate social...

In FY23, PhonePe Revenue Increases 77% to INR 2,914 Crore

In FY23, PhonePe Revenue Increases 77% to INR 2,914 Crore

PhonePe announced consolidated revenue of 2,914 crore in FY23, a 77% increase over sales of 1,646 crore in FY22. According to the company, the growth is being driven primarily by the company's focus on market expansion and leadership in the...

WhatsApp Devised Password-Less ‘Passkey Feature’ For Android Users

WhatsApp Devised Password-Less ‘Passkey Feature’ For Android Users

WhatsApp, which is owned by Meta, has revealed plans to release a password-free passkey function for Android users. This project aims to improve security and simplicity by removing the need for traditional two-factor SMS authentication, which may...

Why India's War On Informal Employment Is Harmful To Its Workers?

Why India's War On Informal Employment Is Harmful To Its Workers?

India's ambition to formalize its massive workforce is faltering, with the majority of nonfarm labor employed in unincorporated firms. Employers are keeping employees beneath the radar for reasons other than tax fraud. As a result, putting...

MNCs Sent Tax Notices Over Expat Employees’ Allowances

MNCs Sent Tax Notices Over Expat Employees’ Allowances

Multinational corporations (MNCs) operating in India are facing tax requests from goods and services tax (GST) authorities, affecting around 1,000 international subsidiaries. The current tax demands concern an 18% tax on salaries and allowances...

X, Formerly Known as Twitter Brings New Subscription Plan

X, Formerly Known as Twitter Brings New Subscription Plan

X, formerly known as Twitter, will begin charging $1 (Rs 84) a year to customers in New Zealand and the Philippines. The company is experimenting with a new subscription approach called "Not a Bot" for users in New Zealand and the...

The Union Finance Ministry's DOE Offers An Ad Hoc Bonus Equivalent to 30 days' Wages

The Union Finance Ministry's DOE Offers An Ad Hoc Bonus Equivalent to 30 days' Wages

The Centre fixed the ceiling for ad hoc bonuses for central government employees at Rs 7,000 for 2022-23 on Tuesday, ahead of the festive season. In a recent notification, the Union Finance Ministry's Department of Expenditure (DoE) stated...

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