The year 2019 was an important one for the growth of digital payments in India. In October, Unified Payments Interface (UPI), the country’s instant payment system, clocked up over 1 billion transactions for the first time. Since then, it has done so every month. Its growing popularity has benefited home-grown startups such as Paytm and […]
Archives for February 2020
Cheap content marketing ideas for small business
Running a small business – or getting one off the round – is a titanic task. It’s also immensely costly. One of the most important aspects of continued business success is your content marketing activity strategy. To peek above the heads of your competition you need to outspend them, right? Not so fast. So come […]
Netflix introduces offer for new users: Pay just Rs 5 for the first month
Netflix is reportedly testing a new introductory offer whereby subscribers need to pay only Rs 5 for the first month. Old users will not be able to avail this offer. An obvious attempt to entice new users into taking out a subscription, Netflix, rolled out this plan to some users on February 21. The company […]
Paytm founder Vijay Shekhar Sharma reveals road to profitability; may take 2 years to come out of red
Vijay Shekhar Sharma Digitial payment giant Paytm expects to turn profitable after two years as it is monetising the existing customer base and eyes financial services as its next major frontier for growth, its founder CEO Vijay Shekhar Sharma said. Noida-based firm, which had an astonishing rise after infamous demonetisation in 2016, is betting on […]
Building a digital-first retail logistics business with Xero and Talenox
Driven by the rise of smartphones and growing internet penetration, the burgeoning middle class in Asia is making more eCommerce purchases than ever. The 2016 and 2017 Google-Temasek reports projected a US$200 billion internet economy in the region by 2025. The 2018 report, however, placed that number even higher, at US$240 billion — an increase […]
E-commerce companies seek more time for 1% TDS levy
E-commerce companies have sought more time to implement a government proposal to levy a new tax, although they have, in principle, agreed to its imposition. The ecommerce entities, including Amazon.com and Walmart-owned homegrown etailer Flipkart, have said they need time to upgrade IT systems in order to enable them to collect the 1% tax deduction […]
Employment Allowance from April 2020
Employment allowance can be claimed by a business which have a payroll with at least one employee or two directors earning over the secondary threshold. The £3,000 allowance is set against your Class 1 National Insurance contributions due for the month thereby reducing the total amount of tax and PAYE to be paid to HMRC. […]
Govt wants social media firms to axe ‘skull-breaker’ videos
The government has asked social media platforms TikTok, YouTube, Twitter, Facebook and ShareChat to take down videos of what is known as the ‘skull breaker’ challenge, which has resulted in serious head injuries among students across the globe. The social media challenge, popularised first on short video app TikTok, starts with three people standing alongside […]
Boss Insights 2020: Your roadmap to being your own boss
Download the full Boss Insights 2020 report. Many of us have dared to imagine one day becoming our own boss. Starting a business has long been a great Australian dream and what better way to honour the enterprising Aussie spirit than by launching something that is your own. I am proud to introduce what we […]
About 30% of fitness-trackers are abandoned — non-profit Recycle Health finds them a second home
Team-members from Recycle Health Recycle Health For many of us, wearable gadgets that track steps, heart rate and other health metrics are a novelty item to play around with for a few weeks. After that, they end up in a drawer to gather dust. Lisa Gualtieri, an assistant professor at Tufts Medical School, is asking […]