Home > Career > Question
Need Expert Advice?Our Gurus Can Help
Harsh

Harsh Bharwani  |56 Answers  |Ask -

Entrepreneurship Expert - Answered on Aug 24, 2023

Harsh Bharwani is a fourth generation entrepreneur.
As CEO and managing director, he leads the international business and employability initiatives at the computer networking institute, Jetking Infotrain Limited.
After graduating from Delhi University, Bharwani joined the family business in 2010 and set up operations in the US and Vietnam.
He has trained over three lakh students in employability, confidence and key life skills.... more
k Question by k on Jul 03, 2023Hindi
Career

i am a technical operator and want involve in business, what will suitable for me kindly suggest

Ans: Step 1: Start with a perfect sphere name Every online steal sell business platform should have a catchy sphere name that will help in getting further business. Callers should be suitable to flash back your sphere name so that they can fluently class and enter without any difficulty. So, you need to make sure your sphere name is short and simple and it should hold your business or brand name that will make it easy for you to get better brand recognition.

Step 2: Choose the Perfect Classified Platform Once you finalize the sphere name, the coming process will be choosing the perfect platform to make your business. The platform should be stoner-friendly and also mobile responsive. You need to check all modules that will support your business operations and will help you to reach your deals target. Make sure that the platform is SSL certified and that it protects the entire stoner data from all malware attacks.

Step 3: Install themes and plugins to simplify your business operations, you need to add further plugins that are available online. Each platform you choose for your business will support certain plugins and utmost of them will be free of cost. You can download them and integrate them with your business. Along with plugins, you'll also find themes for download. You can use them to customize the look and sense of your platform and make it more charming to your follower ship.

Step 4: Focus on your content now you have framed your platform well. The coming process is to fill the applicable content that will explain your business, your products, and your services. You need to have a perfect content operation system that will snare the attention of your target follower ship and will get you better business to your website. A clear product description will help the buyer to understand further about the product and will make him decide on buying it. This is possible only through effective content.

Step 5: Make sure that all features are present Features play a pivotal part in determining the success of your e Commerce website. When you suppose about how to make a website like OLX, the first thing that should come to your mind is its features. OLX has gained further druggies substantially because of its unstoppable features. The client- eccentric features have helped the platform gain credibility among its follower ship. Let us check out the must-have-have features that are to be integrated while erecting a website like OLX. Simple stoner enrollment that will let all stoner groups fluently register themselves. Advanced hunt and filtering option to find the product in a many clicks. Add favorite products to the wain that will help buyers to buy them latterly when demanded. Multiple payment options let buyers choose the bone that's comfortable for them to pay. Simplified order operation that will support on- time delivery. The review and standing system will support guests to partake their feedback. Social media sharing is veritably essential for guests to post them on their social runners. Hunt machine optimized platform to get better hunt machine runner ranking. seductive UI and UX to get better business. Stylish lading speed to reduce the brio rate of the platform. In- erected marketing tools for branding and creation. Advanced analytic and reporting features to know the performance of the business.

Step 6: Move your website live After setting all features, modules, plugins, and add- ons, it’s high time to launch your platform online and start your business effectively. For this, you need to calculate on a perfect hosting service provider. Choose the stylish service that can give you a better lading speed and can help you in backing up all your client data periodically. Check for their client support because you need to be sure that your website will be live without any interruption.

Step 7: Monetize your website You need to understand that you won't get orders or start earning incontinent after launching your platform online. You need to increase your profit channels that will assure your of better returns. piecemeal from the commission, you'll get on each order, you need to have numerous further profit sources that will increase your income. Featured Advertisements Listing figure Third-party announcements Pay to post chapter modules Premium figure You need to have all the below in your ecommerce software so that you can earn well like OLX. How important Does it Cost to Make a Website Like OLX When you work on how to make a website like OLX, the first question that arises in your mind will be the cost of the development. You can be a incipience or an SME or indeed a commercial, without knowing the cost you can not decide anything. We need to know the going and should arrange finances consequently. numerous pivotal factors are involved in estimating the cost of the development of a website like OLX. The UI and UX you prefer Number of druggies who'll be involved in using the platform professed inventors Hosting cost conservation cost Branding and creation cost All the below-mentioned aspects should be per-planned if you want to know about the cost. druggies can also go for a ready made result that will have all power-packed features and it'll be ready- to-launch. This will be more cost-effective when compared to the bone that's erected from scrape.
Career

You may like to see similar questions and answers below

Latest Questions
Ramalingam

Ramalingam Kalirajan  |1310 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Listen
Money
100 crores , 10 years mai kaise kamaye.
Ans: Earning 100 crores in 10 years is an ambitious goal that would require careful planning, strategic investments, and potentially taking on significant risk. Here are some avenues you could consider:

Entrepreneurship: Starting and scaling a successful business can generate substantial wealth over time. Identify a lucrative market opportunity, develop a robust business plan, and execute it with determination and perseverance.
Stock Market: Investing in high-growth stocks or equity mutual funds with a long-term horizon can potentially yield significant returns. However, this approach comes with risks and requires thorough research and diversification.
Real Estate: Investing in real estate properties in rapidly growing markets or commercial ventures can offer substantial returns over a decade. However, this avenue requires substantial initial capital and entails risks associated with market fluctuations.
Alternative Investments: Explore opportunities in alternative asset classes such as private equity, venture capital, or cryptocurrency. These investments often carry higher risk but can yield substantial returns if successful.
Diversification: Consider diversifying your investments across multiple asset classes to spread risk and maximize potential returns.
Achieving such a lofty financial goal necessitates careful consideration of risk, market conditions, and personal circumstances. Consulting with financial experts or Certified Financial Planners can provide valuable insights and guidance tailored to your specific situation and goals.

...Read more

Ramalingam

Ramalingam Kalirajan  |1310 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Ramalingam

Ramalingam Kalirajan  |1310 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Listen
Money
I am 68year old Pensioner. Last month I sold my house property and earned around Rs50lacs. I w am planning to gift the entire amount to my son in order to get tax exemption. My son is planning to utilise the amount to repay part of his housing loan from HDFC, probably during September 2025 . Now (1)Does he has to pay IT for this amount as he will be spending only in laterhalf of 2025? (2) Instead, if I invest this amount in LTCG or NHAI funds, do I have to pay any tax for this total amount this year?
Ans: Your decision to gift the proceeds from selling your house to your son reflects a heartfelt gesture of support and love. As you navigate the tax implications, it's essential to consider the timing and nature of the transaction.

Regarding your first question, your son won't be liable to pay income tax on the gifted amount until he utilizes it, typically in September 2025. This postpones the tax liability until the funds are actually put to use.

Exploring alternative options, such as investing in Long Term Capital Gains (LTCG) or NHAI funds, could potentially offer tax benefits. However, it's crucial to assess the tax implications and investment suitability carefully. While these avenues may provide tax advantages, it's essential to evaluate their risk-return profile and alignment with your financial goals.

Consulting a Certified Financial Planner can provide clarity on the tax implications and help you make informed decisions aligned with your financial objectives. Remember, every financial choice carries its own set of considerations, and seeking professional guidance can illuminate the path towards wise financial stewardship.

...Read more

Ramalingam

Ramalingam Kalirajan  |1310 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - Jan 25, 2024Hindi
Listen
Money
Dear, Myself ANANTHA KRISHNAN. Ive been regularly investing in SIP since 2014. How can I find out what is the current value of this(these) SIPs?
Ans: It's great to hear about your disciplined approach to investing through SIPs. To find out the current value of your SIP investments, you have a few options:

Fund House Website: Most mutual fund houses provide online portals where investors can log in and view their investment details, including current portfolio value. You can register on the website of the mutual fund houses where you have invested and access your account to check the current value of your SIPs.
CAMS/Karvy Website: CAMS (Computer Age Management Services) and Karvy are registrar and transfer agents for mutual funds in India. They offer online portals where investors can track their mutual fund investments across different fund houses. You can register on the CAMS or Karvy website and access your consolidated portfolio to check the current value of your SIPs.
Mutual Fund Apps: Many mutual fund houses have their mobile apps, which allow investors to track their investments on the go. You can download the mobile app of the mutual fund houses where you have invested and log in to check the current value of your SIPs.
Financial Advisor: If you have a financial advisor or a Certified Financial Planner, you can reach out to them for assistance. They can help you track the performance of your SIP investments and provide insights on your current portfolio value.
By leveraging these resources, you can easily find out the current value of your SIP investments and track their performance over time. It's essential to review your investments periodically to ensure they remain aligned with your financial goals and risk tolerance.

...Read more

Ramalingam

Ramalingam Kalirajan  |1310 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - Jan 19, 2024Hindi
Listen
Money
I am planning to invest 50k/ month as Sip, for 20+ year investing horizon, Can u please suggest me funds in mf.. Goal: wealth creation
Ans: For long-term wealth creation through SIPs, it's essential to select mutual funds with a proven track record of delivering consistent returns and managing risk effectively. Here are some categories of mutual funds that you may consider:

Large Cap Equity Funds: These funds invest in large, well-established companies with stable growth prospects. They offer relatively lower risk and can provide steady returns over the long term.
Multi Cap Equity Funds: These funds have the flexibility to invest across companies of various market capitalizations, providing diversification and potential for higher returns.
Mid Cap and Small Cap Equity Funds: These funds focus on mid-sized and small-sized companies with high growth potential. While they carry higher risk, they also offer the possibility of generating substantial returns over the long term.
Equity Index Funds: These funds aim to replicate the performance of a specific stock market index, such as the Nifty 50 or Sensex. They offer low expense ratios and can be suitable for investors seeking market returns with minimal active management.
When selecting specific mutual funds within these categories, consider factors such as the fund's historical performance, expense ratio, fund manager's track record, and investment philosophy.

It's essential to diversify your SIP investments across multiple funds to spread risk and maximize potential returns. Additionally, regularly review your portfolio and make adjustments as needed to ensure it remains aligned with your financial goals and risk tolerance.

Before making any investment decisions, I recommend consulting with a Certified Financial Planner who can provide personalized advice tailored to your unique financial situation and goals.

...Read more

Ramalingam

Ramalingam Kalirajan  |1310 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Listen
Money
Dear Sir, I purchased a shop in October 2022 . I paid the required amount as declared in registeration papers ( stamp duty, registeration , sale deed etc. ) However, the builder addiotnally asked for Rs. 57,000/- towards GST to be paid in cash. At the time of registeration I paid only Rs. 50,000/- in cash. Thats why the builder didint issue any GST invoice. When I paid the balance Rs. 7,000/-, the builder issued a hand written letter certifying that Rs. 7,000/- only have been received towards GST ( and not Rs. 57,000/- which I actually paid). He didi not even mentioned his GST number in that letter. There is no GST invoice from any government deptt. My questions is, whether the builder can issue a hand written GST invoice without mentioning his GHST number ??. As far as I know, all GST amounts are are paid to the Givernment and not any any individual.
Ans: It's concerning that the builder issued a handwritten letter for GST payment without providing an official GST invoice or mentioning their GST number. According to GST regulations, all transactions involving GST must be accompanied by a valid GST invoice issued by the registered supplier, containing their GST number.

In this case, the absence of a proper GST invoice raises questions about the legitimacy of the transaction and whether the GST amount was appropriately accounted for and remitted to the government. Handwritten letters without proper documentation may not suffice as valid proof of GST payment.

To address this issue, I recommend seeking clarification from the builder regarding the absence of a formal GST invoice and their GST registration details. If the builder is registered under GST, they should be able to provide a proper GST invoice with their GST number for the amount paid. If they fail to do so or provide insufficient documentation, it may be prudent to consult with a legal advisor or tax expert to explore further steps to ensure compliance with GST regulations and protect your interests.

...Read more

Ramalingam

Ramalingam Kalirajan  |1310 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - Jan 10, 2024Hindi
Listen
Money
Hi Sir, I am planning to buy crypto tokens in FY 2023-24. As per the tax law, I have to pay 1% TDS which will be debited by the crypto exchange. when I sell my crypto tokens in any of the subsequent financial years, I will have to pay 30% tax on the profit (plus surcharge). I wanted to know how will this 1 % surcharge be adjusted when I sell my cryptos in coming years? Or will I have to pay 1% this financial year and additional 30% taxes (plus surcharge) when I sell my cryptos. Kindly clarify the matter. I look forward to your response.
Ans: Your inquiry reflects a responsible approach to understanding the tax implications of investing in cryptocurrencies. The 1% TDS (Tax Deducted at Source) levied by the crypto exchange is an advance tax payment, akin to a prepayment of your tax liability on the profit from cryptocurrency transactions.

When you sell your crypto tokens in subsequent financial years, the 1% TDS already deducted will be adjusted against your final tax liability. Therefore, you won't have to pay the 1% TDS again when you sell your cryptos.

However, it's important to note that the profit from cryptocurrency transactions will be subject to a 30% tax (plus surcharge) when you sell them in the future. This tax will be calculated on the gains made from your crypto investments, after deducting any allowable expenses or losses.

To ensure compliance with tax regulations and maximize your tax efficiency, consider consulting with a tax advisor or a Certified Financial Planner. They can provide personalized guidance based on your financial circumstances and help you navigate the complexities of cryptocurrency taxation.

...Read more

Ramalingam

Ramalingam Kalirajan  |1310 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Ramalingam

Ramalingam Kalirajan  |1310 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - Mar 19, 2024Hindi
Listen
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x