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Singapore News - At least 120 people lost a collective amount of at least $13.3 million in December after falling prey to scams where fraudsters impersonated government officials. In a joint statement on Feb 1, the police and Central Provident Fund (CPF) Board said the victims received... Read more at www.tnp.sg
Section 80C is perhaps the most popular section in the Income Tax Act for claiming tax deductions. You can claim deductions for investments made in different avenues such as PPF, NPS, ELSS, among others for a total of up to Rs 1.5 lakh per financial year.
A standoff between Germany and other European Union countries has cast uncertainty on the future of an EU military aid fund that has bankrolled billions of euros in arms for Ukraine. While Berlin and many other EU nations say they are strongly committed to keeping up weapons supplies to Kyiv, the bloc's members have been wrangling for months over how best to do so. EU leaders will discuss the issue at a summit on Thursday, which will also try to reach agreement on a four-year plan for 50 billion euros ($54.23 billion) of economic aid for Ukraine.
5G: According to the Gurugram-based telecom firm, the UPF and SmartNIC integration will enable the offloading of real-time packet processing from general-purpose server CPU cores, ensuring optimal resource utilisation and improved network performance.
While it’s not possible to directly raise your compulsory EPF contribution beyond the stipulated 12% (divided equally between the employee and employer), the voluntary provident fund offers an excellent opportunity to enhance your savings and take advantage of the higher EPF interest rate.