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 […]
Archives for 2020
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 […]
India clarifies size of gold discovery in Uttar Pradesh
LUCKNOW, India (Reuters) – India has clarified the nature of a gold discovery in Uttar Pradesh, after a government official said on Saturday that fields with reserves of more than 3,000 tonnes of gold ore had been found, prompting a flurry of activity on social media. Central and state departments have discovered traces of gold […]
‘The stuff we learn… is so applicable’: Creighton accounting students help others file taxes for free – KETV Omaha
Creighton University students are giving back to their community by helping others file their income taxes for free.Creighton’s accounting program is working with the Volunteer Income Tax Assistance (VITA) program to do this. Kristin Swolley spent her Saturday morning filing her taxes, with the help of accounting students at Creighton University.”You just take your stuff, […]
The rise of self-improvement & productivity apps, hacks
Manas Saloi is obsessed with productivity. “I’m always trying to make the most of my time,” says the 28-year-old from Bengaluru over a WhatsApp call, while pacing up and down his room to keep the step count going. A product manager at the tech company Gojek, his work requires him to create a goal-setting framework […]
Elon Musk’s SpaceX aims to raise $250M, to hit $36B in valuation
Elon Musk-run SpaceX is aiming to raise around $250 million in new funding that would bring the rocket launch company’s valuation to $36 billion. The fundraising comes as SpaceX continues development on three important programmes: Crew Dragon, Starlink and Starship, reports CNBC. The company raised $1.33 billion during 2019 and has raised more than $3 […]