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Telegram users will soon be able to make payments in cryptocurrency Toncoin

  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 c...

Zomato, Swiggy liable to pay 5% GST from Jan 1; here's what it means for customers, restaurants

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 GS...

Paytm Business Model | How does Paytm Make Money?

  Paytm Business Model | How does Paytm Make Money? How Paytm makes money even after providing 50% to 100% cashback? What exactly is Paytm’s Business Model? It’s a worthy question to ask. Another worthy question that should be asked is – Why does the cashback gets accumulated in the  Paytm Wallet  and not refunded back to the user’s bank account? I guess you got a clue. Anyway, we’ll explain it later in the article. Let us first discuss Paytm Business Model   in this  Paytm Case Study . What is Paytm? Paytm is India’s largest mobile payments, e-wallet, and commerce platform. Though started as a recharge platform in 2010, Paytm has subsequently changed its business model to a marketplace and a virtual bank model. It is also one of the pioneers of the  cashback business model . The company has transformed itself into one of the Indian giants dealing in mobile payments, banking services, marketplace, gold, recharge and bill payments, etc. who se...

Top 10 Business Ideas |

There are 'n' numbers of business around the globe. Here are the list of 10 business which can always be profitable and also give you better returns on your investment. 😉 (1)   Restaurant.           Restaurant business is one of the most successful business ideas. Healthy and tasty food is need for everyone. If you are passionate about food and ready to serve healthy and yummy food you can start this business. Theme based restaurant e.g Jungle based theme, Kathiyawadi theme is more popular today if you have additional capital you can think of making theme based restaurant. Why Restaurant business is successful business idea? Due to busy lifestyle, people don’t find time to cook food at home and we even see many people prefer eating in restaurant frequently. This is the reason why restaurant business is most successful business idea today. (2)   Recruitment Firm.           Starting recruitment firm is re...

The 'P' Structure | Business Structure |

It is very important for any business or start-up to understand their market. Why they are doing? What is the final goal? i.e. either for paisa, power, position and prestige or for all of them or something else. You must know to whom you are going to transact your business. In P structure, we are going to know about 4 fundamental factors for which any business runs/operates. We will also learn about players involved in market. If you want that your business/enterprise/start-up gets success than you need to deal with all of them. THE “P” STRUCTURE. “P” Structure includes two Factors (A) Motivational Factor for doing Business. It refers to that factor which is necessary for all. This things are basic desires and demands of any individual. (B) Players involved in Business Structure.   It refers to that factors on which business is wholly depends. Without this factors business is nothing. (A) MOTIVATIONAL FACTOR Paisa.  Paisa needed because money is an inevitable necessity of life...

Before you Start-up | Prime Factors of Starting-up |

As I discussed in previous blog, globally there are 259200(approx) startups are establishes in every single day. Such a huge number!! As you might be knowing that, there are very few startups or businesses which remains consistant in their activities including maintaining goodwill, suffecient revenues, market capitalisation and so on and so forth. Remaining most of startups sell-off themselves or get merged with another similar business(to servive themselves in market to pay-off their liabilities) or some of the business/startups are takenover by big reputed companies and becomes a part of their operations. But, have you ever thought that why only few businessess get that much success? Today, In this blog, I am going to discuss the few key factors which plays important role in any startups or business unit. Before we jump on those key factors let's understand what does a startup or business means? Business   " A business is defined as an organization or enterprising entity eng...