Penny stocks, also known as cent stocks in some countries, are common shares of small public companies that trade at low prices per share.
In the United States, the U.S. Securities and Exchange Commission (SEC) defines a penny stock as a security that trades below $5-per-share, is not listed on a national exchange, and fails to meet other specific criteria. In the United Kingdom, stocks priced under £1 are called penny shares.
Prosecutors and the Federal Bureau of Investigation say that fraud is widespread in the penny stock market. Even though the penny stock companies are small, the scams that involve them can be for tens of millions of dollars.
In the case of many penny stocks, low market price inevitably leads to low market capitalization. Such stocks can be highly volatile and subject to manipulation by stock promoters and pump and dump schemes. Such stocks present a high risk for investors, who are often lured by the hope of large and quick profits. Penny stocks in the US are often traded over-the-counter on the OTC Bulletin Board, or Pink Sheets.
Another problem with the penny stock market is that it has little liquidity, so holders of shares in penny stock companies often find it difficult for them to cash out of positions.
In the United States, the SEC and the Financial Industry Regulatory Authority (FINRA) have specific rules to define and regulate the sale of penny stocks.
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Money Money is a 1995 Telugu comedy film, produced by Ram Gopal Varma on Varma creations banner and directed by Siva Nageswara Rao. Starring J. D. Chakravarthy, Chinna, Jayasudha, Renuka Shahane, Surabhi, Paresh Rawal, Bramhanandam in lead roles. Jagapathi Babu, Urmila Matondkar given cameo appearances, in continuation of characters from Gaayam movie and music composed by Sri. The film is the sequel to the 1993 Telugu movie Money. A sequel to the film Money Money, More Money was released in 2011. The film was a Hit at box office.
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Money Money is a 1995 Telugu comedy film, produced by Ram Gopal Varma on Varma creations banner and directed by Siva Nageswara Rao. Starring J. D. Chakravarthy, Chinna, Jayasudha, Renuka Shahane, Surabhi, Paresh Rawal, Bramhanandam in lead roles. Jagapathi Babu, Urmila Matondkar given cameo appearances, in continuation of characters from Gaayam movie and music composed by Sri. The film is the sequel to the 1993 Telugu movie Money. A sequel to the film Money Money, More Money was released in 2011. The film was a Hit at box office.
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The Income Tax Department, also referred to as IT Department, is a government agency in charge of monitoring the income tax collection by the Government of India. It functions under the Department of Revenue of the Ministry of Finance. It is responsible for administering following direct taxation acts passed by Parliament of India.
The Income-tax Act, 1961
Expenditure Tax Act, 1987
Various Finance Acts (Passed Every Year in Budget Session)
The IT Department is also responsible for enforcing the Double Taxation Avoidance Agreements and deals with various aspects of international taxation such as Transfer pricing. Finance Act, 2012 seeks to grant Income Tax Department powers to combat aggressive Tax avoidance by enforcing General Anti Avoidance Rules.
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Apna Sapna Money Money (English: Money Is Our Dream) is an Indian Hindi comedy film released on 10 November 2006. Directed by Sangeeth Sivan, Apna Sapna Money Money is a tale of several characters who are in a mad race to be rich. The film, produced by Subhash Ghai, is a situational comedy starring a host of actors: Ritesh Deshmukh, Celina Jaitley, Koena Mitra, Jackie Shroff, Sunil Shetty, Shreyas Talpade, Bobby Darling, Riya Sen, Anupam Kher, Rajpal Yadav and Chunky Pandey. The film was successful at the Indian box office.
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“Opportunities (Let’s Make Lots of Money)” is a song by UK duo Pet Shop Boys, released as a single in 1985 and then in 1986, gaining greater popularity in both the United Kingdom and United States with its second release, reaching number 11 in the UK Singles Chart and number 10 in the US Billboard Hot 100.
The song’s indirect attack on its subject matter has come to exemplify the Pet Shop Boys as ironists in their songwriting.
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The United States taxes citizens and residents on their worldwide income. Citizens and residents living and working outside the U.S. may be entitled to a foreign earned income exclusion that reduces taxable income. For 2017, the maximum exclusion is $102,100 per taxpayer, $104,100 for 2018 (future years indexed for inflation). In addition, the taxpayer may exclude housing expenses in excess of 16% of this maximum ($44.19 per day in 2015) but with limits.
The exclusion is available only for wages or self-employment income earned for services performed outside the U.S. The exclusion is claimed on IRS Form 2555.
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“Opportunities (Let’s Make Lots of Money)” is a song by UK duo Pet Shop Boys, released as a single in 1985 and then in 1986, gaining greater popularity in both the United Kingdom and United States with its second release, reaching number 11 in the UK Singles Chart and number 10 in the US Billboard Hot 100.
The song’s indirect attack on its subject matter has come to exemplify the Pet Shop Boys as ironists in their songwriting.
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Let’s Make Money is an Austrian documentary by Erwin Wagenhofer released in 2008. It is about aspects of the development of the worldwide financial system, claiming that elitists economically exploit the rest of society, especially in the developing world, but also in western nations.
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The Daily Mirror is a British national daily tabloid newspaper founded in 1903. It is owned by parent company Trinity Mirror. From 1985 to 1987, and from 1997 to 2002, the title on its masthead was simply The Mirror. It had an average daily print circulation of 716,923 in December 2016, dropping markedly to 587,803 the following year. Its Sunday sister paper is the Sunday Mirror. Unlike other major British tabloids such as The Sun and the Daily Mail, the Mirror has no separate Scottish edition; this function is performed by the Daily Record and Sunday Mail, which incorporate certain stories from the Mirror that are of Scottish significance.
Originally pitched to the middle-class reader, it was transformed into a working-class newspaper after 1934, in order to reach a larger audience. The Mirror has had a number of owners. It was founded by Alfred Harmsworth, who sold it to his brother Harold Harmsworth (from 1914 Lord Rothermere) in 1913. In 1963 a restructuring of the media interests of the Harmsworth family led to the Mirror becoming a part of International Publishing Corporation. During the mid 1960s, daily sales exceeded 5 million copies, a feat never repeated by it or any other daily (non-Sunday) British newspaper since. The Mirror was owned by Robert Maxwell between 1984 and 1991. The paper went through a protracted period of crisis after his death before merging with the regional newspaper group Trinity in 1999 to form Trinity Mirror.
The paper has consistently supported the Labour Party since the 1945 general election.
