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Question regarding revenue sharing program
in Q n A - Find answers to your questions
Hi,

Since the inception of Revenue Sharing program, eligible individuals have been receiving their share as Rs.44 per USD currency conversion rate.

But as we all know, Rupee to US Dollar conversion fluctuates every single business day.

Can't it be done that on last day of the month, whatever be the conversion rate.
eligible individuals are awarded according to it.

Suppose, for this month, rupee to Dollar conversion is around Rs.49..
So, members get their shares multiplied by 49 or whatever conversion rate be.

This is just a suggestion as it may improve participation from all members towards the program.
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    The site cannot pay at a rate higher than realized. So, it will be prudent to distribute at a rate actually realized by the site.

    G. K. Ajmani Tax consultant
    http://gkajmani-mystraythoughts.blogspot.com/

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    I mean to say is if suppose rate on 31st October is Rs.49.1 / $ , and results of this program are declared in the succeeding month after all calculations are done.

    Shares can be given accordingly with the rate of 49.1
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    Gulshanji explained very well. site cannot pay highly as there are more members over here

    Slow and Steady Wins the Race.

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    I mean to say is if suppose rate on 31st October is Rs.49.1 / $ , and results of this program are declared in the succeeding month after all calculations are done.

    Shares can be given accordingly with the rate of 49.1

    Did you see the revenue sharing details topic for Oct 2011? It is given at Rs.49/$

    When opportunity is in front of you, don't hesitate to catch it. It will never come to you again. - Maverick

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    It depends on that month revenue sharing we must not ask for that.It depends of the maverick decision.

    As a member we have responsibility to ask but we must not demand him.

    Earn money just for joining in this site.

    http://www.money-friends.net/users/profile/en/155119.html

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    It depends on that month revenue sharing we must not ask for that.It depends of the maverick decision.

    As a member we have responsibility to ask but we must not demand him.


    I did not demand for anything. If you understand english, then please read last line of my first post. That line says that its a suggestion and not a demand.
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    I mean to say is if suppose rate on 31st October is Rs.49.1 / $ , and results of this program are declared in the succeeding month after all calculations are done.

    Shares can be given accordingly with the rate of 49.1

    Did you see the revenue sharing details topic for Oct 2011? It is given at Rs.49/$


    Maverick, you mean to say September 2011?? Yeah.. i got that.. actually i saw all previous related topics till August but missed on September thread.
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    Abhishek ,
    I support your opinion.But as the dollar rate is fluctuating it is very difficult to fix.Still it is almost correct.
    Visit my blogs:

    http://abidareacode.blogspot.com
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