The village is a part of Gorna Oryahovitsa Municipality, Veliko Tarnovo Province.

Counted by the 2020 Bulgarian census, Pravda currently has a population of 572 people with a permanent address registration in the settlement.

[1] Pravda takes part in Gorna Oryahovitsa Municipality and is located at an elevation of 92 meters.

The village exists in its current location (On the left shore of the Yantra River) since 1897.

During the period after the merger of the two villages Sergyuvets and Teminsko, Parvomaytsi flourishes as a settlement.