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TAX STRUCTURE IN INDIA

1) What are you doing?  Ans. : Business  Tax : PAY PROFESSIONAL TAX! 2) What  are you  doing in Business?  Ans. : Selling the Goods. Tax : PAY SALES TAX!! 3) From where  are you  getting Goods?  Ans. : From other State/Abroad  Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI! 4) What  are you  getting in Selling Goods?  Ans. : Profit Tax : PAY INCOME TAX! 5) How do you distribute profit ?   Ans : By way of dividend  Tax : Pay dividend distribution Tax 5) Where  you  Manufacturing the Goods?  Ans. : Factory Tax : PAY EXCISE DUTY! 6) Do you have Office / Warehouse/ Factory? Ans. : Yes  Tax : PAY MUNICIPAL & FIRE TAX! 7) Do you have Staff?  Ans. : Yes  Tax : PAY STAFF PROFESSIONAL TAX! 8) Doing business in Millions?  Ans. : Yes  Tax : PAY TURNOVER TAX!  Ans : No Tax : Then pay Minimum Alternate Tax 9) r u taking out...

Shadow of Dreams

Shadow of Dreams... Let me know ur comments...

Prayer for New Financial year.. 2013/14

Daily Prayer: O God, Give us strength, & Capacity to Pay Income Tax, VAT, CST, Service Tax, Excise Duty , TDS, ESI, LBT, Prop. Tax, Stamp Duty, CGT, Water Tax, Prof. tax, Road tax, Edu. Cess., Congestion Levy, & many more…. Beside Don’t Forget  Hafta(Protection money) Bribes, Donations, Chanda, Beggars etc… If we have some time and Money  left after  that … We will do some Business.. Cheers to Booming Indian Economy!!! Happy New Financial year.. 2013/14  J

Skills that are dying out Now – A – Days

Yes, Here am talking about the Skill’s that are dying out today because of technologies. Here are the few ones and reason for dying: 1)  Using dictionary:   Yes, using dictionary is dying now a days for searching a word. Google replaced searching for accurate word or some online or offline integrated dictionaries for laptop or mobile with easy to get meaning option is cause for death for searching dictionaries. 2)  Using Reference Book:  Now- a –days “Wikipedia” becomes the best reference book for all you need. And if something you didn’t find out go for Google search. Uses of Wikipedia and Google search have taken over the need to look at proper reference book or dictionary. 3)  Mental Arithmetic ability:  Uses of calculator, mobile or computer screen took place for all our daily need for doing some arithmetic. The ability to do mental arithmetic has suffered as people can readily use a calculator on their phone or computer screen. 4)  R...

World cup win and a lesson

When the Indians around the world are rejoicing and celebrating the victory in the world cup finals today and while extending congratulations and appreciations for the team’s success, I was just pondering over an issue. Probably many of you might have thought in similar lines but let me share my thoughts with you as usual. He is an Ambassador of Indian cricket. He is cricket India. He is a legend. He has no one to surpass him on technique, hard work, focus, dedication concentration and humility. That is Sachin Tendulkar. God has given him so much. He has made him to score 99 international test hundreds. What an opportunity was there for him today to score his 100th international test hundred (the only one in the history of cricket) in front of his home crowd in Mumbai at a world cup finals (which probably would be his last). If he had scored a century and led his country to win today, it would have been simply the best and unforgettable golden moment in one’s life in the history of the...

Chennai meri jaan.....

S omeone sometime said if there is a heaven on earth its kashmir . Excuse me sir or mam whoever it was . i object and i insist its chennai better say " Namma Chennai ". I'm having gr8 time here .the weather is so good and serene . max temp is just 43 degree Celsius and i don't want to know about the minimum. Some times it even snows and i m going to buy some winter clothes this weekend ... i ALWAYS wanted to come to a place like this ......... i m so LOVING it .... The sun is quite strong but it has its own advantages. If u don't have a matchbox u dont need one. Stand wid ur ciggarete and after few mins u can see fumes raising from somewhere (just be cautious , its not ur ciggarete always...u are vulnerable too)...i went to shop and asked for suns cream wid spf 200 .....the lady slapped me and asked me to wear burqa.... well if ur LPG cylinder gets over always keep one solar cooker for emergency .Better use solar cooker for everyday and LPG for emergency he...

Micchami Dukkadam - Samvastsari Mahaparv

There may be a time when your Jain colleagues, friends or neighbors come to you and say “ Micchami Dukkadam ” (seek forgiveness) with joined hands. You must have wondered what does this mean and why is he/she saying it to me? On the final day of Paryushan is Samvastsari Pratikraman (ritual for washing away sins). Jains seek forgiveness from all the creatures whom they may have harmed knowingly or unknowingly by uttering the phrase— Micchami Dukkadam. It means "If I have caused you offence in any way, knowingly or unknowingly, in thought, word or deed, then I seek your forgiveness". No private quarrel or dispute may be carried beyond Samvatsari, and traditionally, letters have been sent and telephone calls made to friends and relatives asking their forgiveness. Svetambara and Digambara are two major sects of Jain religion. Shvetambars observe the ritual over 8 days and Digambars over 10 days. It takes place during the monsoon season (Chaturmas), when travelling barefoot is di...