Business
Boost Your Lockdown Privacy Without Breaking The Bank
Struggling to sell one multi-million dollar home currently on the market won’t stop actress and singer Jennifer Lopez from expanding her property collection. Lopez has reportedly added to her real estate holdings an eight-plus acre estate in Bel-Air anchored by a multi-level mansion.
The property, complete with a 30-seat screening room, a 100-seat amphitheater and a swimming pond with sandy beach and outdoor shower, was asking about $40 million, but J. Lo managed to make it hers for $28 million. As the Bronx native acquires a new home in California, she is trying to sell a gated compound.
Black farmers in the US’s South— faced with continued failure their efforts to run successful farms their launched a lawsuit claiming that “white racism” is to blame for their inability to the produce crop yields and on equivalent to that switched seeds.
What Will Be The Next Step to Complete?
The “new ’20s” idea might not work—there were a lot more young people in the United States then than now; a reprise of the world-changing inventions and discoveries of the 1920s would be a big surprise to those economists who believe that we have been in an invention dry spell since the 1970s. In his Businessweek piece, Peter Coy largely agrees, writing, “In all probability … the U.S. will continue to wrestle with ‘secular
These experts make strong cases, and they satisfy my natural instinct not to go there. But I remain very interested in the reasons the ’20s appeal to our imagination right now. Of course, it’s the booze, the sex, and the parties. But it’s also a decade with a very strong identity—and I think that helps. Writing in the journal American Speech in 1951, Mamie J. Meredith argued that the ’20s boasted.
I’d argue that Meredith’s point about the decade’s exceptionality still holds: How many other 20th century decades have a nice little permanent descriptor like Roaring? It helps that most of these are good adjectives, evoking a time you’d probably like to live through again—but even the slightly dangerous-sounding ones conjure up something specific. That definiteness offers an appealing sense
Anyway, let’s get to that fun. A very joyful book to read about the decade is Frederick Lewis Allen’s Only Yesterday: An Informal History of the 1920s, which Allen—a blueblood journalist and editor at Harper’s—published in 1931. The book chronicles all of the movement and motion that makes the decade sexy, and doesn’t seem to miss a fad.
The property, complete with a 30-seat screening room, a 100-seat amphitheater and a swimming pond with sandy beach and outdoor shower, was asking about $40 million, but J. Lo managed to make it hers for $28 million. As the Bronx native acquires a new home in California, she is trying to sell a gated compound.
A designer knows he has achieved perfection not when there is nothing left to add, but when there is nothing left to take away.
Allen is also really good at describing parties—or, at least, the ones the middle class and upper class attended. The historian wrote about how women taking up smoking had “strewed the dinner table with their ashes, snatched a puff between the acts, invaded the masculine sanctity of the club car.
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Perhaps by remembering the twenties merely as an enchanting series of novelties or the crude afterthought of a simpler past, we preserve the illusion of our own simple innocence,” mused historian Paula Fass in the introduction to her book The Damned and the Beautiful: American Youth in the 1920s.
Business
Budget 2025: How couples will benefit from ‘joint taxation’ proposed by ICAI
In anticipation of the Union Budget 2025, the Institute of Chartered Accountants of India (ICAI) has proposed the introduction of a ‘joint taxation’ system for married couples. This initiative aims to treat married couples as a single taxable entity, allowing them to file combined income tax returns, a practice prevalent in countries like the United States and the United Kingdom.
Key Features of the Proposal:
- Combined Income Filing: Married couples would have the option to aggregate their incomes and file a single tax return, rather than separate individual returns. ndtv.com
- Enhanced Exemption Limits: The basic exemption limit is proposed to be doubled for joint filers. For instance, if the individual exemption limit is ₹7 lakh, a married couple filing jointly would enjoy an exemption of ₹14 lakh. ndtv.com
- Revised Tax Slabs: The proposal includes broader tax brackets under the Joint Taxation Scheme, potentially reducing the overall tax burden for couples. bignewsnetwork.com
Benefits for Married Couples:
- Tax Savings: By combining incomes, couples might fall into lower tax brackets, leading to significant tax savings. This is especially beneficial if one spouse has a substantially lower income or is not earning.
- Simplified Compliance: Filing a single tax return can simplify the tax compliance process, reducing paperwork and administrative efforts.
- Equitable Taxation: The system aims to provide relief to families with a single primary earner and address disparities in tax liabilities between single-income and dual-income households. theaccountant-online.com
Considerations:
- Implementation Complexity: Introducing joint taxation would require significant changes to the current tax framework, including adjustments to deductions, exemptions, and surcharges. This complexity might delay its adoption. financialexpress.com
- Optional vs. Mandatory: The proposal suggests that joint filing should be optional, allowing couples to choose between individual or joint taxation based on their financial situations.
- In anticipation of the Union Budget 2025, the Institute of Chartered Accountants of India (ICAI) has proposed the introduction of a ‘joint taxation’ system for married couples. This initiative aims to treat married couples as a single taxable entity, allowing them to file combined income tax returns, a practice prevalent in countries like the United States and the United Kingdom.
- Preventing Tax Evasion: The initiative aims to reduce tax evasion by encouraging transparent reporting of combined household incomes.
Global Perspective:
Many countries have implemented joint taxation systems, recognizing the family as a single economic unit. This approach often results in tax benefits for couples, promoting fairness and reducing the tax burden on single-income families. In anticipation of the Union Budget 2025, the Institute of Chartered.
Accountants of India (ICAI) has proposed the introduction of a ‘joint taxation’ system for married couples. This initiative aims to treat married couples as a single taxable entity, allowing them to file combined income tax returns, a practice prevalent in countries like the United States and the United Kingdom.
The ICAI’s proposal for joint taxation in the upcoming Budget 2025 represents a significant shift in India’s tax policy, aiming to provide substantial benefits to married couples. If implemented, it could lead to increased disposable incomes for families.
simplified tax processes, and a more equitable taxation system. However, the complexity of overhauling the existing tax framework means that careful consideration and phased implementation would be essential.
Tax Savings: By combining incomes, couples might fall into lower tax brackets, leading to significant tax savings. This is especially beneficial if one spouse has a substantially lower income or is not earning.
India
Vivo V50 launch in February 2025: Specs, features, and others we expect to launch
Vivo is gearing up to launch its latest addition to the V-series, the Vivo V50, in India in February 2025. According to industry sources, the anticipated launch date is around the third week of February, possibly on February 18.
Design and Display
The Vivo V50 is expected to feature a 6.67-inch AMOLED display, offering vibrant colors and deep contrasts. The design is reminiscent of the Vivo S20, which was released exclusively in China in December 2024.
Performance
Under the hood, the Vivo V50 is rumored to be powered by the Qualcomm Snapdragon 7 Gen 3 chipset, ensuring efficient performance for multitasking and demanding applications. The device is expected to come in multiple configurations:
- 8GB RAM with 128GB storage
- 8GB RAM with 256GB storage
- 12GB RAM with 256GB storage
Camera System
Photography enthusiasts can look forward to a versatile camera setup. While specific details are still under wraps, Vivo’s V-series has historically emphasized strong camera performance, suggesting that the V50 will continue this trend.
Battery and Charging
The Vivo V50 is expected to house a substantial 6,000mAh battery, supporting 90W fast charging. This combination ensures prolonged usage and quick recharge times, catering to users with active lifestyles.
Operating System
The smartphone is anticipated to run on Android 15, providing users with the latest features and security updates.
Color Variants
According to recent certifications, the Vivo V50 will be available in multiple color options, allowing users to choose a variant that best suits their style.
Pricing and Availability
While official pricing details are yet to be announced, industry estimates suggest that the Vivo V50 will be priced around ₹39,990 in India.
The device is expected to be available through Vivo’s official channels and major retail outlets across the country.
Conclusion
The Vivo V50 is shaping up to be a compelling option in the mid-range smartphone segment, offering a blend of performance, design, and innovative features. As the launch approaches, more detailed information is expected to emerge, providing a clearer picture of what this device will offer to consumers.
Fashion
Anant Ambani’s new ₹22 crore watch beats all previous records: has just three pieces in the world and resembles an ice cube.
Anant Ambani recently wore the Richard Mille RM 52-04 Skull Blue Sapphire watch, valued at ₹22 crore. This rare timepiece is one of 3 pieces ever made.
Anant Ambani is the proud owner of an envy-worthy collection of watches. The youngest son of Mukesh Ambani and Nita Ambani is a horologist and often wears pieces from luxury brands like Richard Mille, Patek Philippe, Audemars Piguet, and more. Recently, during an outing with Radhika Merchant, he wore a one-of-a-kind watch – The Richard Mille RM 52-04 “Skull” Blue Sapphire. It is one of the world’s rarest timepieces.
Anant Ambani’s rare Richard Mille watch
In the world of horology, the Richard Mille RM 52-04 “Skull” Blue Sapphire is considered one of the world’s rarest timepieces. Per the Instagram page, The Indian Horology, it is only available to the very best Richard Mille clients. Moreover, only three pieces have ever been made of the watch, making the RM 52-04 Skull an extremely rare sight for collectors, according to Vintage Grail, a luxury watch store. “You’d be lucky to have seen these in your lifetime,” a post on their Instagram page said.
The Richard Mille RM 52-04 is crafted in a single piece of sapphire and features a pirate skull and crossbones in the tonneau-shaped case. As per The Indian Horology, the back of the skull, part of the movement as a centre bridge, is visible via the sapphire caseback. Additionally, the four bridges that look like the “bones” of a pirate flag attach the movement to the case.
The price of Anant Ambani’s watch
The Richard Mille RM 52-04 “Skull” Blue Sapphire watch is worth USD 2,625,000, which is approximately ₹22,51,90,481 or 22 crore.
For the uninitiated, Richard Mille is a Swiss watchmaking brand known for its high prices and exclusive designs. It has become a status symbol among the wealthy and famous.
About Anant Ambani
Anant Ambani is the youngest son of Reliance Industries chairman Mukesh Ambani and his wife, Nita Ambani. Anant is married to Radhika Merchant. The couple tied the knot on July 12, 2024. Isha Ambani and Akash Ambani are his siblings.
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