I VIMAL SOLANKI

  This development comes amid Telegram CEO and co-founder Pavel Durov revealing that the Telegram Open Network (TON) blockchain technology is still in development after the company officially abandoned the project last year. Telegram users will soon be able to make donations and pay for their subscriptions in cryptocurrency Toncoin— and channel administrators will be able to collect their income in the same cryptocurrency, said Telegram’s Open Network (TON) community, in a blog post. “TON Community is proud to announce that the TON blockchain and Donate, a Telegram-verified payments service, have become official partners,” the blockchain protocol said on its official Telegram handle. This development comes amid Telegram CEO and co-founder Pavel Durov revealing that the Telegram Open Network (TON) blockchain technology is still in development after the company officially abandoned the project last year. “I am proud that the technology we have created is alive and evolving. When it comes

Food delivery apps Zomato and Swiggy will be liable to pay 5 percent goods and service tax (GST) on restaurant services supplied through them from January 1. They would also be required to issue invoices in respect of such services. The move was announced by Union Finance Minister Nirmala Sitharaman in September 2021 and means a change of rule for the delivery apps and restaurants. Here are key things to know about the new GST rule on Zomato, Swiggy: What is the new rule all about? According to the GST Council, the food delivery apps will be made liable to pay 5 percent tax on restaurant services provided by them with effect from January 1, 2022.  Services provided by cloud kitchens or central kitchens will also come under the ambit of restaurant service and attract 5 percent GST. As of now, the restaurants were collecting and depositing GST to the government. So, the compliance of deposit and invoice raising has now been shifted to food delivery platforms. Why is GST Council taking th