Doc Summary
Module: GyanVapy Courses™ (Instructor Payments)
Document Type: Terms
Trademark: GyanVapy Courses™ is a trademark of MyMahotsav Futuretech Ltd
Effective Date: 24th February 2026
Version: 1.0
Part A: Plain English Summary #
How Instructors Get Paid #
This document explains the financial arrangement between GyanVapy Courses™ and our instructors—how much you earn, when you get paid, and how it all works.
The Simple Truth #
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Revenue Share Model: You earn a percentage of net revenue from your course sales.
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Standard Split: The standard revenue share is detailed in your instructor dashboard.
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Monthly Payments: We pay out earnings monthly once you reach the minimum threshold.
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Your Responsibility: You’re responsible for taxes on your earnings.
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Transparent Reporting: Your dashboard shows detailed sales and earnings data.
Part B: Revenue Share #
1. Revenue Share Model #
1.1 Net Revenue Definition: Net revenue means the amount actually received from students after deducting:
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Payment processing fees
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Taxes collected and remitted
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Refunds
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Chargebacks
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Currency conversion costs
1.2 Revenue Share Percentage: Your revenue share percentage is based on:
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Your instructor tier (standard, premium, etc.)
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Course pricing
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Promotional campaigns
1.3 Standard Revenue Share: The standard revenue share is [X]% for most courses. Your specific percentage is displayed in your instructor dashboard.
1.4 GyanVapy Originals: For courses where GyanVapy Courses™ is the content creator (rather than independent instructor), different revenue terms apply as set forth in separate agreements.
2. Promotional Discounts #
2.1 Platform Promotions: We may offer promotional discounts on courses. Your revenue share will be calculated based on the discounted price paid by the student.
2.2 Instructor-Initiated Promotions: Instructors may offer their own promotions, subject to platform policies. Revenue share applies to the discounted price.
2.3 Bundled Courses: For courses sold in bundles, revenue may be allocated based on relative value or as otherwise disclosed.
3. Payout Terms #
3.1 Payout Schedule: Earnings are paid monthly, typically within 15 business days after the end of each month.
3.2 Minimum Payout Threshold: Payments are made only when your accrued earnings reach the minimum threshold:
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India: ₹1,000
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UK: £20
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US: $25
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Euro zone: €25
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Other currencies: Equivalent amount
3.3 Carryover: If earnings are below the threshold, they carry over to the next month until the threshold is reached.
3.4 Payment Methods: Payouts are made via:
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Bank transfer (preferred)
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PayPal (where available)
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Other methods as offered
3.5 Currency: Payouts are made in your local currency where supported. Currency conversion fees may apply.
4. Refunds and Chargebacks #
4.1 Refund Deductions: If a refund is issued for a course purchase, the corresponding earnings will be deducted from your future payouts.
4.2 Negative Balance: If refunds or chargebacks exceed your earnings, your account may show a negative balance, which will be recovered from future earnings.
4.3 Chargeback Fees: Chargeback fees imposed by payment processors may be passed through to instructors in cases of excessive chargebacks.
5. Taxes #
5.1 Instructor Responsibility: You are solely responsible for reporting and paying any applicable taxes on your earnings.
5.2 Tax Documentation: Depending on your location, you may need to provide tax documentation (W-9/W-8BEN for US taxpayers, GST registration for India, etc.).
5.3 Withholding: We may withhold taxes where required by applicable law.
5.4 Tax Advising: We recommend consulting with a tax professional regarding your specific situation.
6. Reporting #
6.1 Dashboard Access: Your instructor dashboard provides detailed reports including:
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Sales by course and date
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Revenue earned
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Payout history
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Refund information
6.2 Statements: Monthly payout statements are available for download.
7. Changes to Revenue Share #
7.1 Prospective Changes: We may change revenue share percentages prospectively with 30 days’ notice. Changes will not affect courses already sold.
7.2 Opt-Out: If you do not agree to changes, you may remove your courses from the platform before the changes take effect.
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