India Tax Structure

Thursday, October 9th, 2008

Burden of India Tax Rules

India Tax rules

1)What are you doing?
Ans.: Business.
Tax: PAY PROFESSIONAL TAX!

2) Qus. : What are you doing in Business?
Ans.: Selling the Goods.
Tax: PAY SALES TAX!!

3) Qus. : From where are you getting Goods?
Ans.: From other State/Abroad
Tax: PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI!

4) What you get by business?
Ans.: Profit.
Tax: PAY INCOME TAX!

5) Qus. : Where you Manufacturing the Goods?
Ans.: Factory.
Tax: PAY EXCISE DUTY!

6) Qus. : Do you have Office / Warehouse/ Factory?
Ans.: Yes
Tax: PAY MUNICIPAL & FIRE TAX!

7) Qus. : Do you have Staff?
Ans.: Yes
Tax: PAY STAFF PROFESSIONAL TAX!

8) Qus. : Doing business in Millions?
Ans.: Yes
Tax: PAY TURNOVER TAX!

9) Qus. : Are you taking out over 25,000 Cash from Bank?
Ans.: Yes, for Salary.
Tax: PAY CASH HANDLING TAX!

10) Qus. : Where are you taking your client for Lunch & Dinner?
Ans.: Hotel
Tax: PAY FOOD & ENTERTAINMENT TAX!

11) Qus. : Are you going Out of Station for Business?
Ans.: Yes
Tax: PAY FRINGE BENEFIT TAX!

12) Qus. : Have you taken or given any Service/s?
Ans.: Yes
Tax : PAY SERVICE TAX!

13) Qus. : How come you got such a Big Amount?
Ans.: Gift on birthday.
Tax: PAY GIFT TAX!

14) Qus. : Do you have any Wealth?
Ans.: Yes
Tax: PAY WEALTH TAX!

15) Qus. : To reduce Tension, for entertainment, where are you going?
Ans.: Cinema or Resort.
Tax: PAY ENTERTAINMENT TAX!

16) Qus. : Have you purchased House?
Ans.: Yes
Tax : PAY STAMP DUTY & REGISTRATION FEE !

17) Qus. : How you Travel?
Ans.: Bus
Tax: PAY SURCHARGE!

18) Qus. : Any Additional Tax?
Ans.: Yes
Tax: PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.’s TAX !!!

19) Qus. : Delayed any time Paying Any Tax?
Ans.: Yes
Tax: PAY INTEREST

20) Qus: Will you fly to any other place?
Ans: Yes by flight
Tax: Pay ATT(Air Travel Tax)

I have seen many Indian people struggle to pay tax. It is the burden given by the government to pay the tax for each and every thing. I too don’t like paying tax but to avoid problems in future i used to pay the tax. Getting irritated when i pay tax to government. The money goes to many of the politicians pockets.

Only few percentage of the money is used back to people. And too there is no tax for black money too. I hate the tax if it is not going to use 100% to the people. We work hard to gain money but paying to government is difficult to accept in real life.

Indian Politics is a Game

Saturday, May 31st, 2008

politics

What you are seeing is the real game that is going in India. Penguins bowling the ball on Penguins here stats that people (politicians) playing game on people. I could see none of the Politicians think that they are also belong to the same category. None of the living beings in the world hurt the same category. Only politicians make the people as a pray to them. I don’t know when India will be rescued. Even Gandhi can’t help on this issue.

For example water problem in Tamil Nadu. Each state politician are playing game to making people to fight each other to maintain their status and role. If they come out to bring a solution they can but they will not do that. Any way we can just murmur at home alone that is what our government is all about.

Mumbai City Theaters

Monday, May 26th, 2008

cst

Theaters ticket is costly than Chennai. Minimum ticket is 90Rs. Difficult to see Tamil and Telugu movies. Hindi & English - new release movies are running successfully. People are very much interested to see movies. Theaters are become houseful often. Proper posters are missing in the city to know which movie is running where and when. Good to see no black tickets sold around the theater.

People’s Perspectives

Friday, May 16th, 2008

Always people have different opinion when they see some thing. Did god gave same brain and eyes to human but just changed their thoughts? No it is not. People will differ in thoughts or opinion about a thing. Is it good? Yes it is good which will help each other to have much option to decide the right one.

If we have same thought like others, only one person is enough to think.
In many organizations they have teams were they will have different opinion to take decisions. Even in Catholics have two kinds of group in cathedral. Where the discuss the positives and negatives of an object. In life always you take the decision but grab the options from others.

Money rules the world

Thursday, May 15th, 2008


Who said earth is roaming arround sun? The real truth is earth is roaming around money. Money is the key to open any thing in the world. But it will not give the real pleasure. All people suffer and hurt themselves to achieve only one thing that is money. I have a funny story on money.

Stumpy and his wife Martha went to the state fair every year. Every year Stumpy would say, “Martha, I’d like to ride in that there airplane.”

And every year Martha would say, “I know Stumpy, but that airplane ride costs ten dollars, and ten dollars is ten dollars.”

One year Stumpy and Martha went to the fair and Stumpy said, “Martha, I’m 71 years old. If I don’t ride that airplane this year I may never get another chance.”

Martha replied, “Stumpy, that there airplane ride costs ten dollars, and ten dollars is ten dollars.”

The pilot overheard them and said, “Folks, I’ll make you a deal, I’ll take you both up for a ride. If you can stay quiet for the entire ride and not say one word, I won’t charge you, but if you say one word it’s ten dollars.”

Stumpy and Martha agreed and up they went. The pilot did all kinds of twists and turns, rolls and dives, but not a word was heard. He did all his tricks over again, but still not a word. They landed and the pilot turned to Stumpy, “By golly, I did everything I could think of to get you to yell out, but you didn’t.”

Stumpy replied, “Well, I was gonna say something when Martha fell out, but ten dollars is ten dollars.”

It is true that we will give away everything except money.

Today’s Love attitude

Wednesday, February 6th, 2008

Love

We couldn’t see the real love in today’s life. Before they start to love they try to judge the people. Once the love is confirmed they once again judge the person whether they will meet her/his entire requirements in the future.

” If you judge people, you have no time to love them. — Mother Teresa “