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Difference Between Tax Evasion and Tax Avoidance Done 25-06-2024
Let's admit it - no one likes to pay heavy taxes. However, it does not mean that we should avoid paying taxes. The government has laid some provisions to help you save on your taxes. Tax Evasion and Avoidance may sound similar, but they have significant differences. Let us look at both the details in detail.
Tax Evasion
It is the deliberate attempt to underpay or avoid taxes altogether by concealing income or assets from the tax authorities. People may hide income, inflate deductions, file fake tax returns, or use offshore accounts to avoid taxes. Tax evasion is a serious crime with severe penalties. These can include hefty fines, jail time, and even criminal charges.
Tax Avoidance
It involves using legitimate methods to reduce your tax liability within the boundaries of the law. The common strategies in tax avoidance include maximizing deductions and credits, taking advantage of tax-advantaged retirement accounts, or investing in tax-efficient assets. Tax avoidance allows you to keep more of your hard-earned money.
Key Points to Remember:
The line between avoidance and evasion can be blurry. If you're unsure about the legitimacy of a tax strategy, consult with a qualified tax professional.
The tax code is complex. There are many ways to reduce your tax burden legally, but it is crucial to understand the rules and regulations.
Tax authorities are always watching. If your tax return raises red flags, they may investigate you for potential tax evasion.
By understanding the difference between tax avoidance and tax evasion, you can make informed decisions about your finances and stay on the right side of the law. To know more, Visit: https://jarvisinvest.com/
#jarvisinvest#taxes#taxseason#budget 2024#india#stock advisory company#ai stocks in india#best advisor in stock market#best stock market app#aibasedapp#jarvis artificial intelligence#artificial intelligence stock
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Open source vs. closed doors: How China’s DeepSeek beat U.S. AI monopolies
By Gary Wilson
China’s DeepSeek AI has just dropped a bombshell in the tech world. While U.S. tech giants like OpenAI have been building expensive, closed-source AI models, DeepSeek has released an open-source AI that matches or outperforms U.S. models, costs 97% less to operate, and can be downloaded and used freely by anyone.
#DeepSeek#artificial intelligence#open source#China#socialism#technology#imperialism#stock market#tech companies#capitalism#Struggle La Lucha
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Blackstone Surges to Record High: A Closer Look at Their Impressive Q3 Results
Blackstone, the world's largest commercial property owner, achieved a remarkable milestone on Thursday as its shares surged to a record high. This impressive performance comes on the heels of better-than-expected third-quarter results and an improved real estate investment performance. Let’s dive into the factors driving this success and what it means for the market.
Key Highlights from Q3
In the third quarter, Blackstone invested or committed a staggering $54 billion, marking the highest amount in over two years. This surge in investment activity is attributed to the Federal Reserve’s recent rate cut in September, which significantly reduced the cost of capital. The U.S. central bank’s previous rate hikes had stymied real estate deals and financing, leading to increased defaults in the office market affected by corporate cost-cutting and the rise of hybrid and remote work.
Stephen Schwarzman, Blackstone’s Chief Executive, emphasized the positive impact of the rate cut, stating, “Easing the cost of the capital will be very positive for Blackstone’s asset values. It will be a catalyst for transaction activity.” This sentiment was echoed by Jonathan Gray, President and Chief Operating Officer, who noted that while commercial real estate sentiment is improving, it remains cautious.
Strategic Investments and Areas of Focus
Blackstone has been proactive in planting the “seeds of future value” by substantially increasing its pace of investment. A key area of focus is the revolutionary advancements in artificial intelligence (AI) and the associated digital and energy infrastructure. In September, Blackstone announced the $16 billion purchase of AirTrunk, the largest data center operator in the Asia-Pacific region. This acquisition is part of Blackstone’s $70 billion investment in data centers, with over $100 billion in prospective pipeline development.
Other notable investment themes include renewable energy transition, private credit, and India’s emergence as a major economy. These strategic areas highlight Blackstone’s commitment to innovation and growth.
Recovery in Commercial Real Estate
The Blackstone Real Estate Income Trust (BREIT), a benchmark for the industry, reported a 93% slump in investor stock redemption requests from a peak. This indicates a recovery in investor confidence and a shift towards positive net inflows of capital. BREIT’s core-plus real estate investments, which include stable, income-generating, high-quality real estate, showed a 0.5% decline in Q3 performance, an improvement from a 3.8% drop over the past 12 months. The riskier opportunistic real estate investments posted a 1.1% increase, reversing previous declines.
Student Housing and Data Centers
Among rental housing, student housing has emerged as a significant focus. Wesley LePatner, set to become BREIT CEO on Jan. 1, highlighted the structural undersupply in the U.S. student housing market, emphasizing its potential as an all-weather asset class. BREIT has consistently met investor redemption requests for several months, showcasing strong performance.
Furthermore, the demand for data centers remains robust. QTS, which Blackstone took private in 2021, recorded more leasing activity last year than the preceding three years combined. Such sectors, once considered niche, are now integral to the commercial real estate landscape.
Financial Performance and Outlook
Blackstone’s third-quarter net income soared to approximately $1.56 billion, up from $920.7 million a year earlier. Distributable earnings, profit available to shareholders, rose to $1.28 billion from $1.21 billion. Total assets under management jumped 10% to about $1.11 trillion, driven by inflows to its credit and insurance segment.
The Path Forward
As Blackstone continues to navigate the evolving market landscape, it remains focused on identifying “interesting places to deploy capital.” With a robust investment strategy and a keen eye on emerging trends, Blackstone is well-positioned for future growth.
Join the Conversation: What are your thoughts on Blackstone’s impressive Q3 performance and strategic investments? How do you see these trends impacting the broader real estate market? Share your insights and engage with our community!
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#real estate investing#investing#money#investment#danielkaufmanrealestate#real estate#economy#housing#daniel kaufman#homes#ai#artificial intelligence#student housing#commercial and industrial sectors#commercial real estate#self storage#investing stocks
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#Retail Inventory Management#artificial intelligence#Warehouse Management#Retail Automation#Smart Stock Solutions#Retail AI Solutions#Retail Growth Strategies#Stock Control Software#POS system#Inventory
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Portrait of the late uncle jack Charles
#accounting#entrepreneur#startup#finance#ecommerce#stock market#investing#lamborghini#black entrepreneurship#artificial intelligence
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Italy blocks DeepSeek over privacy fears
Italy’s Data Protection Authority ordered to block China’s Hangzhou DeepSeek Artificial Intelligence and Beijing DeepSeek Artificial Intelligence, Politico reported.
Rome directed sensational Chinese startup DeepSeek to immediately stop processing Italians’ data.
Contrary to what was found by the authority, the companies have declared that they do not operate in Italy and that European legislation does not apply to them.
The move came after the company had refused to co-operate with authorities over requests for information. The regulator also launched an investigation.
DeepSeek’s release caused panic in the AI industry and rattled the US market as key tech stocks fell sharply on Monday.
In 2023, the Italian authority blocked OpenAI’s ChatGPT. It later allowed OpenAI to reopen its service in Italy after fulfilling requirements.
Read more HERE
#world news#news#world politics#europe#europeans#europe news#european union#europa#italy#italy news#italian politics#deep seek#openai#chatgpt#artificial intelligence#ai#deep seek stock#deep seek ai#deepseek#china
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DeepSeek AI V/S Other Chatbots and Market
DeepSeek AI has proved bad news for the West, its AI Chatbots, and Nvidia.
I have tried to frame my opinion with humour.
Let me give you people some context.
The recent market crash in the world took investors especially from the West by Surprise.
Nvidia lost a major share due to a shift in the attention of Foreign Institutional Investors.
Here, the US is using billions of dollars to develop its Generative AI platforms while China has built DeepSeek AI with just 6 million USD.
The fact that DeepSeek AI is: 💪 Sturdy enough, 🏃 Fast, and 💻 Open source.
This has caused massive damage to Open AI and Nvidia because now people are questioning the expensive chips that are sold by the latter to technology firms as a contribution to firms for making robust AI models.
If we look at the reports from the Times of India, about 1 Trillion USD has been wiped from the American tech giants in a day.
If anyone finds my video faulty, you can write in the comments or send me a message. I can agree that I might have misunderstood this complicated event.
Till then, Enjoy!!! 😃
YouTube Credits:
Goldmines Great Indian Comedy.
BB Ki Vines.
#deepseek#ai#artificial intelligence#nvidia#chatbot#bb ki vines#bhuvan bam#balakrishna#generative ai#stock market crash#dechnsign#theharssharora
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DeepSeek AI vs Algo Trading: Automate Your Stock Trading Strategies
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DeepSeek AI is a low cost Artificial intelligence chatbot Integrating DeepSeek AI with Algo Trading can improve the decision making process in stock market.
Read more..
#deepseek ai#open ai#algo trading india#artificial intelligence#open AI#algo trading#algo trading app#algo trading platform#algo trading strategies#algorithm software for trading#bigul#bigul algo#finance#free algo trading software#ai#stock market#share market#share market news#DeepSeek LLM#DeepSeek Coder#Python#Algorithmic Trading#algorithm#algo trading software india#best algo trading app in india#Best share trading app in India#best algorithmic trading software
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🚨 China’s AI Hype EXPOSED! 🚨 DeepSeek’s chatbot flunks a NewsGuard audit, ranking near the bottom in news accuracy—83% fail rate! False claims, vague answers, and Beijing-backed narratives raise serious concerns. Is China’s AI revolution just smoke and mirrors?
👉 Read the full story at NewsLink7.com
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#deepseek#ai#artificial intelligence#florida#san francisco#wall street#stocks#newslink7#miami#california#manhattan#uk#orlando#homestead#miami dade#miami beach#tallahassee#brooklyn#long island#chicago#south carolina#north carolina#atlanta#europe#london#chatgpt#colombia#doral#brazil#france
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NVIDIA Stock Plummets: Analyzing the Recent Market Volatility and Investor Reactions
In recent days, NVIDIA has experienced notable volatility in the market, generating uncertainty among investors. Below, we will analyze the data for Friday, January 24 and Monday, January 27, 2025, highlighting the percentages of change between the two days. Monday has been quite hectic throughout the tech sector. Mr. Market has not liked at all that a new company from China of open…
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China's DeepSeek triggers global tech sell-off
P.S. American big business after the Tiananmen Square massacre, despite all warnings, invested HUGE AMOUNTS of MONEY in the Chinese communist economy, you completely naively thought that only you Americans had the scientists and technology. In this case you are just greedy fools! If China's private business and engineers figure out how to make competitive batteries, solar panels, and space cones, and computer scientists figure out an AI model that works, then sooner or later, China will solve the problem of high-power microchip production...
The New York Stock Exchange witnessed a super interesting scene today... Speculators in the shares of American technology companies were running away like they were overheated by hot steam...
Actually, AI can help to create more efficient microchips...and high tech weapons...
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NVIDIA's Stock Plummet and Deepseek AI's breakthrough
In an unexpected turn of events that has traders and investors on the edge of their seats, NVIDIA Corporation (NVDA) experienced a significant drop in its stock price, falling over 8.3% in premarket trading. This abrupt fall comes on the heels of groundbreaking developments from the Chinese AI startup DeepSeek, causing ripples across the global tech and semiconductor sectors. Today, we delve…
#AI#artificial intelligence#deepseek#deepseek AI#NVDA#nvidia#stock fututre#stock market#US news#US-China#why is market down today#World
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By Gary Wilson
The United States military has shifted toward AI and “data driven” warfare. A new revolving door is putting senior Pentagon officials into executive positions or as advisors to the Big Tech companies.
Over the past two years, global events have further fueled the Pentagon’s demand for Silicon Valley technologies, including the deployment of drones and AI-enabled weapon systems in Ukraine and Gaza, as well as the Pentagon’s AI arms race directed against China.
#artificial intelligence#stock market#imperialism#capitalism#Pentagon#military-industrial complex#economy#Silicon Valley#tech industry#antiwar#Ukraine#GazaGenocide#China#Struggle La Lucha
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ChatGPT Invention 😀😀
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ChatGPT is not new, Courage the Cowardly Dog was the first who use ChatGPT 😀😀😀😀
#chatgpt#chatbots#ai technology#openai#machine learning#nlp#ai generated#ai chatbot#artificial intelligence#stock market#conversational ai#ai#ai art#ai image#ai artwork#technology#discord
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BlackRock Issues Serious Fed Warning As Crypto Braces For A Predicted 50% Bitcoin Price Crash BitcoinBitcoin -1% has bounced back from a price crash last week, climbing along with stock markets as traders hold their breath for a Federal Reserve bombshell.
Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and "uncover blockchain blockbusters poised for 1,000% plus gains" in the aftermath of bitcoin's halving earthquake!
The bitcoin price has climbed back toward $60,000 per bitcoin after dropping toward $50,000 due to "extreme fear" taking hold of the market.
Now, as traders search for signs the market could be headed for recovery, analysts with the world's largest asset manager and bitcoin spot exchange-traded fund (ETF) issuer BlackRock have warned they see more "volatility flare-ups ahead," and predicted the Fed won't cut rates as quickly as markets expect.
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Nvidia most valuable company
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#ai#artificial intelligence#business#meme#memes#microsoft#news#Nvidia#stock market#stocks#tech#technology
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