Cheer for middle income salaried class? VPF limit for tax-free interest may be hiked from Rs 2.5 lakh
The Rs 2.5 lakh ceiling on voluntary contributions was introduced in the FY22 budget. (AI image) VPF limit for tax-free interest to be hiked? The government is considering increasing the limit on voluntary provident fund (VPF) contributions under the Employees’ Provident Fund Organisation (EPFO) that earn tax-free interest. Currently, interest
HUL begins price hike as commodity inflation bites
MUMBAI: HUL will initiate price hikes in some of its product portfolio like skin cleansing and tea as FMCG firms grapple with high commodity inflation.Crude palm oil and tea, which make up a large share of the company’s commodity basket, are seeing high inflation. “In the Dec quarter, you will
L.A. Times Editorial Chief Quits After Owner Blocks Harris Endorsement
Mariel Garza said the editorial board was prepared to endorse Kamala Harris, but the paper’s owner, Patrick Soon-Shiong, decided not to make an endorsement in the presidential race. Source link
No floor price for non-basmati rice exports as government lifts curbs
NEW DELHI: Amid a bumper paddy crop, government has decided to scrap the export duty on parboiled rice and removed the Minimum Export Price (MEP) on overseas shipments of non-basmati white rice, moves that will force countries from Thailand and Vietnam to Pakistan to cut prices in the international market
American Airlines Passengers Who Skip Ahead Will Trigger ‘Audible Signal’
American Airlines is testing a technology platform that will produce a sound when a passenger attempts to board a flight ahead of the assigned group. Source link
Piramal Enterprises Q2 profit triples to Rs 163 crore; flags precarious credit environment risks
MUMBAI: Non-bank lender Piramal Enterprises on Wednesday said its September quarter net profit tripled to Rs 163 crore on a low base, but flagged risks from the “precarious” credit environment. The city-headquartered entity had reported a profit of Rs 48 crore in the year-ago period, and Rs 181 crore in
As Election Looms, Disinformation ‘Has Never Been Worse’
A torrent of falsehoods, from home and abroad, have undermined what was once a shared faith in the honesty of America’s democracy. Source link
Binance Employee, in Custody for 8 Months in Nigeria, Will Be Released
Prosecutors have dropped the criminal case against Tigran Gambaryan so he can receive medical care, a government spokesman said. Source link
Character.ai Faces Lawsuit After Teen’s Suicide
The mother of a 14-year-old Florida boy says he became obsessed with a chatbot on Character.AI before his death. Source link
First images of Vande Bharat sleeper AC 1st, AC 2-tier and AC 3-tier coaches out! Top 10 features, pics of new Indian Railways train
Vande Bharat sleeper launch, features & images: Indian Railways is all set to roll out the new Vande Bharat sleeper train in the coming months. The first prototype of the new train, which is said to be better than the Rajdhani Express, has been manufactured by BEML in collaboration with