Saturday, September 13, 2014

Importance of Goods and Service Tax (GST) 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 Area/State/Abroad
Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY and OCTROI! AND NOW LBT and LPT.
4) What are you getting in Selling Goods?
Ans. : Profit
Tax : PAY INCOME TAX!
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 and FIRE TAX!



7) Do you have Staff?
Ans. : Yes
Tax : PAY STAFF'S PROFESSIONAL TAX!
Doing business in Millions?
Ans. : Yes
Tax : PAY TURNOVER TAX!
Ans : No
Tax : Then pay Minimum Alternate Tax (MAT).
9) are you taking out over 25,000 Cash from Bank?
Ans. : Yes, for Salary.
Tax : PAY CASH HANDLING TAX!
10) Where are you taking your client for Lunch and Dinner?
Ans. : Hotel
Tax : PAY FOOD and ENTERTAINMENT TAX!
11) are you going Out of Station for Business?
Ans. : Yes
Tax : PAY FRINGE BENEFIT TAX!
12) Have you taken or given any Service/s?
Ans. : Yes
Tax : PAY SERVICE TAX!
13) How come you got such a Big Amount?
Ans. : Gift on birthday
Tax : PAY GIFT TAX!
14) Do you have any Wealth?
Ans. : Yes
Tax : PAY WEALTH TAX!
15) To reduce Tension, for entertainment, where are you going?
Ans. : Cinema or Resort
Tax : PAY ENTERTAINMENT TAX!
16) Have you purchased House?
Ans. : Yes
Tax: PAY STAMP DUTY and REGISTRATION FEE!
17) How you Travel?
Ans.: Bus
Tax: PAY SURCHARGE!
18) Any Additional Tax?
Ans.: Yes
Tax: PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL and SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX!!!
19) Delayed any time Paying Any Tax?
Ans. : Yes
Tax : PAY INTEREST and PENALTY!
20) Do you want growth of india.?
Ans: Off cource Yes .
Pay electricity tax,water tax, education tax, and other tax ,which is used by defaulter people.
21) INDIAN :: can i die now??
Ans: wait we are about to launch the FUNERAL TAX....!!!!!!

Now let's be serious:
GST formulation

**Pardon grammatical mistakes and typos
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Friday, May 24, 2013

Government, Politics and Corruption



From 1989 to 2013, from Bofors to IPL spot fixing scams, the part that has remained (and shall be remaining) constant is to protect the powerful. The parliamentary committees ever formed in all such massive scams have done their best in maintaining the constant scenario. This, in turn, has resulted in a complete failure to fix the accountability, or in other words, “who” kept the “how much” in “where”. The amazing part of all is how one after another scams of better numbers are getting divulged and the way strings are being pulled to cause distraction or a cloud around it.

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Wednesday, October 17, 2012

Is Arvind Kejriwal a harbinger of a new ‘Indian politics’?

-Shreya Roy


Arvind Kejriwal
Arvind Kejriwal, the ‘aam admi’ who is an  Indian social protester working under the banner of his party India Against Corruption has whipped up a storm, leveling serious corruption charges against some of the country’s senior most politicians. He shows the people of India on how the opposition parties along with the ruling party are also part of ‘power setup’.

Robert Vadra
Kejriwal raised issues against Robert Vadra, Sonia Gandhi’s son-in-law dealing with DLF. Kejriwal said that amount of unsecured loan given by DLF to Vadra , which he had earlier claimed to be Rs 65crore was actually 85crore & also raised a question in Vadra’s assets from Rs 50lakh to Rs300cr. Vadra was unhappy with somebody making a controversy out of light & wrote on his Facebook page ‘mango people in a banana republic’. Later on Kejriwal responded to it & tweeted ‘evidence pouring in from mango men from across the country. Mango men would prove to be nemesis for the powerful.’ So a reminder to politicians – ‘having power’ is not really ‘being powerful’.
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Thursday, November 17, 2011

wanna work for nation's good? wait & first check your life..

Kiran Bedi, accused of using inflated travel bills and overcharging NGOs. She says the money was used for good causes.

Prashant Bhushan, beaten up in his office by assailants who attacked him because he said he said he favored a plebiscite in Kashmir

Shanti Bhushan, accused of getting two Noida plots as a "gift" from UP govt. The Allahabad court quashed the charge.

Justice Hegde, Cong leader Digvijay Singh accused him of going slow on a Lokayukta report against the BJP govt in Karnataka.

Arvind Kejriwal, firstly the Income Tax dept. demanded dues form his time in the IRS and now, he's charged with diverting donations.
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Thursday, October 13, 2011

Attack on Prashant Bhushan - a fascism and justice together ??

Mr. Prashant Bhushan, beside Anna Hazare
On the one hand we are against physical attacks, like the one on Prashant Bhushan, whatever the provocation. But, unfortunately, the Prasanth Bhushans and Arundathi Roys of the world evoke such extreme reactions from common people owing to their "cynical", "short sighted" and "sadistic" views on critical issues related to national security. These so called upholders of secularism seem to have no time for the thousands of army, para military and police personnel who have laid down their lives, in the line of duty, fighting insurgents and anti-nationals, be it Maoists or Kashmiri terrorists. After all, these army/paramilitary/police personnel are ordinary citizens of this country, like all of us common people, simply discharging their duties in defense of the country and honestly earning their daily bread. Have any one of these pseudo secularists ever visited and comforted the bereaved families of such brave hearts ?

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Wednesday, August 3, 2011

Ragging on facebook - a vulgar story by media channels or a villain politics


In a social networking site, a person can send chat message to anyone only if he/she is a friend of the person. Now, if anyone uses abusive language on the site, can it be termed as ragging? I guess almost every person reading this article would have known about this fact. Our media system, having something called TRP tied a their neck to be pulled and demand for biased baseless news. Well, me being a common person have the right to express my feelings. By the way, I own the disclaimer to say that please don't file an FIR for this blog aticle or complain to Hon'ble Prime Minister of India.

Story-line :
A first year student of a prestigious engineering university, namely Bengal Engineering & Science University, Shibpur (BESUS), has reportedly filed an allegation of so-called "ragging" him on facebook by his seniors. Adding to this, the complaint was filed to a political party student federation at first.

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Tuesday, August 2, 2011

‘Save the girl child’ – they also have the right to live…

The issue needs discussion and debate in every home on most of dining table. People should realize it as a stigma to our own society. The world of a girl child is promising yet gloomy, hopeful yet in despair. The home-maker of future, the hand that rocks the cradle, the procreator, the mother of tomorrow, a woman shapes the destiny of our civilization. From child to mother, let us build the path of her.

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Friday, July 15, 2011

How could Mumbai again become a soft target after 26/11?

 by Shreya Roy

Three serial blast at hearts and minds of people
The three serial blasts which rocked India's financial capital, Mumbai on 13th july, 2011 at Zaheri Bazar, Opera House & Dadar areas in Mumbai within 6.30-7.00pm (IST) carried the trademark of Indian Mujahideen with the links of Lashkara-e-Tayiba.There was no specific target, rather the bombs were exploded to kill and wound as many citizens as possible. So far according to recent updates 18 peoples were killed & 131 injured during the city's peak hour crush.
Our Union Home Minister P.Chidambaram illustrates three serial explosion as unfortunate & advices every citizen to maintain peace. Chief Minister of Mumbai Prithviraj Chavan acknowledges that some lessons from 26/11 are yet left to be learned. Is it not enough for them to learn a lesson at this point of time?
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Tuesday, June 28, 2011

Third rape in 48 hours, victim burnt alive - you think you are secured ?

All the events in our country one after the other are just being looking as if they have become natural. Nothing moves us from our daily life. We just don't really care about anything that goes around without effecting us directly. A martyr's widow or mother, a raped girl, a jobless man, etc. feel the actual pain of living with the people like us. Rape - a victim knows the deathly attack - much bitter than poison.

A 33-year-old woman was burnt alive after allegedly being raped in Etah district in Uttar Pradesh on Sunday.
Her family alleged that five men first gangraped her and then lynched her because they were afraid that she would identify them and go to the police.

The police have denied these allegation and have claimed that the attackers were trying to rob and not rape her.
This will be third rape case to be reported in the state in 48 hours.Earlier a Dalit minor from Kannauj was allegedly stabbed in the eye and left blind by two men when she resisted rape. Two policemen were suspended for delaying the filing of an FIR.
An 18-year-old Dalit girl was also allegedly raped at gunpoint by a man in Ranipur Beladi village.

Even after 27 days, Shiromani Akali Dal leader Satnam Singh Kahlwan -- accused of raping 13 year old girl, continues to evade arrest. However, adding insult to the injury, Satnam's mother flaunts her VIP connection and says her family not afraid of anyone.

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Justice delayed for 30 years - not enough to be said as denied ?

We have always seen in movies that its really a person arrested and jailed gets justice after long terms of imprisonment. But here goes a real case that took me aback.

After more than three decades, a former Army man got a reprieve from the Bombay high court in a case of possession of live cartridges. The HC set aside his one-year prison sentence and let him off with a Rs 5,000 fine.

Laxman Jadhav (72) had been convicted under Section 25 of Arms Act, and was arrested in 1977 from his house in Sangli. Justice J. H. Bhatia set aside imprisonment keeping his age in mind.
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