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Share to Twitter Share to Linkedin The cannabis and hemp industries have been evolving more rapidly than almost any other on earth, and countless individuals, corporations and organizations are making significant contributions to its growth and success. But who are the real game-changers in this rapidly expanding sector? Look no further than the 4th annual Cannabis 50 list, compiled by MGO, a CPA and business advisory firm in the U.S., being released exclusively through this publication. The fourth iteration of this annual list recognizes the top companies, organizations and individuals who have made a positive impact on the cannabis and hemp industries in the past year. But, as the firm notes, the Cannabis 50 isn’t a competition. There are no winners or losers, only inspiring stories from the frontlines of this great movement. Diversity At The Helm This year’s list is particularly noteworthy, as it highlights an increased presence of female and … [Read more...] about MGO Names 50 Game-Changers In Cannabis, Including Diddy, Mike Tyson And More

PHUKET: The Telephone Organization of Thailand (TOT) has raised the bar in its battle against fixed-line and mobile phone rivals by chopping prices for those using its Y-tel 1234 service. It is now offering long-distance calls within Thailand for as little as 50 satang a minute during August and September. The 50-satang charge applies on Saturdays, Sundays and public holidays, and on weekdays between 10 pm and 7 am. At other times the charge for using the service is 1 baht a minute. To use the service, callers must first dial 1234, then the area code and number they wish to reach. For a number in Bangkok, for example, callers should dial 1234-0-29876543. Calling into Phuket from outside, they should dial 1234-0-76123456. To call a mobile phone the format is similar: 1234-0-19540000 Only those calling from a TOT line may take advantage of the deep discounts. Thai Telephone & Telegraph (TT&T) matched TOT’s earlier version of the 1234 system, but has yet to drop its prices to the … [Read more...] about TOT launches B0.50-a-minute service

What Is a Mega Backdoor Roth 401(k) Conversion? A mega backdoor Roth 401(k) conversion is a tax-shelter strategy available to employees whose employer-sponsored 401(k) retirement plans allow them to make substantial after-tax contributions in addition to their pretax deferrals and to transfer their contributions to an employer-designated Roth 401(k). The Build Back Better Act, H.R. 5376, passed by the House of Representatives on Nov. 19, 2021, contains provisions that, if enacted, would limit the ability of high-income taxpayers to accumulate extremely high-value balances in Roth 401(k)s and would eliminate backdoor Roth conversions for high-income taxpayers after Dec. 31, 2031. As of spring 2022, the Build Back Better Act remains stalled in the Senate, and these provisions may not come to pass, at least not in their current form. But mega backdoor Roth conversions remain an important issue—and a notable route to wealth for higher-income taxpayers. Key Takeaways H.R. … [Read more...] about Mega Backdoor Roth 401(k) Conversion: Overview and FAQ

Share to Twitter Share to Linkedin The first PGA Tour $20 million tournament of the new year is drawing major-type betting interest as the 2023 Waster Management Phoenix Open plays alongside Super Bowl LVII this week in nearby Glendale, AZ. Crossover prop bets between the Phoenix Open and Super Bowl will be available to add to your betting interests from the leading online sportsbooks . A total of 18 of the top 20 golfers in the world rankings tee it up at the 7,261 yard par 71 TPC Scottsdale. The top of the golf odds board players are proven performers in the event Jon Rahm and Xander Schauffele along with last year’s Phoenix Open winner Scottie Scheffler. Oh, and world No. 1 Rory McIlroy makes his 2023 debut on the PGA Tour after winning the Dubai Desert Classic in his first start of the year. The 132 player field at the Phoenix Open will be one of the most fun tournaments to watch and wager on as betting action will be as lively as the fans … [Read more...] about Golf Odds, Picks And Props: 2023 Phoenix Open Betting Preview

Keep an Eye on These Coins The cryptocurrency market's recent momentum subsided a bit in the latest week as Bitcoin fell back to about $22,000. While that's an improvement from where the market was trading a few months ago, there may be a few more resistance points to break through before the market can enter a bull run . Still, there some crypto tokens are outperforming the market. This week, we examine SingularityNET (AGIX), Render Token (RNDR), MAGIC (MAGIC), Shiba Inu (SHIB), and The Graph (GRT). In selecting these assets, we have considered several factors, including positive technical developments, significant news events, and noticeable changes in price. Key Takeaways SingularityNET’s AGIX token was one of the biggest gainers this week, jumping 150%, likely related to interest in artificial intelligence (AI) arising from discussion of chatbot ChatGPT. Render Token’s RNDR posted a 51% price increase after the launch of a new tokenomics model and the … [Read more...] about Cryptocurrencies to Watch: Week of Feb. 6

Budget 2023 proposes to sharply increase the tax collected at source rate on money sent overseas under the Liberalised Remittance Scheme to 20 percent from 5 percent. To understand how this will impact you, let us first understand the concept of LRS and TCS. The Reserve Bank of India introduced the LRS in February 2004 to allow Indians to send money outside the country easily. The maximum amount that can be remitted under the scheme has been revised periodically, based on the prevailing macro- and microeconomic conditions: Under the scheme, currently, one can remit up to $250,000 per family member (including minors) in each financial year. So a family of four can remit up to $1 million in a financial year. Money can be remitted overseas for expenses such as: Travel for tourism, business, or employment Education Medical treatment Maintenance of a relative Gifts or donations Remittances are also allowed for capital account transactions like: Opening … [Read more...] about Tax collected at source on foreign remittances: One step forward, two steps back

The central bank's commentary has a hawkish undertone and suggests that more interest rate hikes cannot be ruled out. Dear Reader, The Panorama newsletter is sent to Moneycontrol Pro subscribers on market days. It offers easy access to stories published on Moneycontrol Pro and gives a little extra by setting out a context or an event or trend that investors should keep track of. The RBI’s Monetary Policy Committee met market expectations by increasing the repo rate by 25 basis points, although it left some prayers unanswered. The fond hope was that the MPC would take its cue from global central banks and announce a pause on rate increases. The consolation is that two of the six MPC members didn’t want to raise rates. Nevertheless, the central bank's commentary has a hawkish undertone and suggests that more interest rate hikes cannot be ruled out. This is against what some global central banks have said. The Bank of Canada became the first central bank in a G10 … [Read more...] about Moneycontrol Pro Panorama | MPC plays it safe, more rate hikes coming?

India’s budget for healthcare saw a marginal increase of 13 percent in Budget 2023-24 from Rs 79,145 crore in 2022-23 to Rs 89,155 crore in 2023-24. Over the last five years of the Modi government, the sector has seen a 27 percent rise in allocations from Rs 62,659 crore in FY20 to Rs 89,155 crore in 2023-24. However, schemes such as Pradhan Mantri Ayushman Bharat Health Infrastructure Mission as well as the Pradhan Mantri Swasthya Suraksha Yojana have seen lesser amounts being allocated to them in this budget. The allocation for one of the flagship schemes of the government — Pradhan Mantri Ayushman Bharat Health Infrastructure Mission, a pan-India health scheme for strengthening healthcare infrastructure — fell to Rs 645.8 crore from the previous budget estimate of Rs 978 crore. The utilisation of the fund has been even lower, with the revised FY23 estimate standing at Rs 281.6 crore. The Pradhan Mantri Swasthya Suraksha Yojana, announced with the objectives of correcting … [Read more...] about Budget 2023: Marginal hike in healthcare allocation, key schemes see cuts

The disdain shown by a large majority of the population to intellectual property rights discourages innovation at the domestic level, motivates the innovators to immigrate to foreign shores and register their innovations there. (Representative image) The total apathy of common Indians towards the intellectual property rights (IPR) of the originators is appalling. The use of pirated software, photocopied books, spurious books sold on traffic signals and footpaths, unauthorised copies of branded clothes and so on is unapologetically common. Propriety and ethics are not taught in schools. It is common to see parents encouraging their wards to buy the “cheaper” alternative regardless of its legality and authenticity. Many cities have infamous “markets” for pirated software and duplicate merchandise. Driving out from Delhi NCR region to nearby Uttar Pradesh and Haryana towns, one comes across “Bhatura King”, a fast-food joint chain. The name and logo used by this chain are cannily … [Read more...] about Why is an infringement of intellectual property acceptable but not royalty payments?

There are many reasons for volatility of prices to deviate from business earnings. Maybe it is belief of a different macro environment. (Representative image) The term “volatility” finds unique use in Indian stock market lingo. I am not aware of any other market where “volatility” is so frequently referred to by market participants. In India, it stands for corrections/crashes many a time. Indian TV channels when describing markets on a day as having gone up or down (even a 50 point move in the Nifty) term them as “volatile” markets. However, volatility in its universal sense refers to a move away from trend –... … [Read more...] about How to make volatility your friend