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|19th September 2007, 11:24||#47|
Join Date: Mar 2006
Thanked: 42 Times
Let me try to find out more about these PIL's and how one can go about it.
|19th September 2007, 11:28||#48|
Senior - BHPian
Join Date: Oct 2004
Thanked: 1,018 Times
|19th September 2007, 11:40||#50|
Awaiting Email Confirmation
Join Date: Jan 2005
Thanked: 2 Times
Why do they need more money? What are these traitors doing with existing loot? All the tax+levies+octroi etc money collected is misued by netas and babus in utterly useless 'social projects' and 'schemes'.
As Indians we pay some of the highest taxes for everything and yet have to live in near slum like conditions. Pathetic.
India needs a true conservative movement. Someone with vision to plan and implement a leaner, meaner, less hungry government and more individual and business friendly policies.
If Gandhi were alive today, he would start a nationwide protest against our 'elected representatives'.
|19th September 2007, 16:22||#51|
Join Date: Jun 2004
Thanked: 19 Times
Is it confirmed news that the price is going to increase? If yes, anyone knows when and how much increase?
|19th September 2007, 17:23||#52|
Senior - BHPian
Join Date: Jun 2007
Thanked: 23 Times
Just thought of sharing with you........Taxes that we pay in India. I received this on my mail some time back.
TAX STRUCTURE IN INDIA
1) Qus. : What are you doing?
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) Qus. : What are you getting in Selling Goods?
Tax: PAY INCOME TAX!
5) Qus. : Where you Manufacturing the Goods?
Tax: PAY EXCISE DUTY!
6) Qus. : Do you have Office / Warehouse/ Factory?
Tax: PAY MUNICIPAL & FIRE TAX!
7) Qus. : Do you have Staff?
Tax: PAY STAFF PROFESSIONAL TAX!
8) Qus. : Doing business in Millions?
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?
Tax: PAY FOOD & ENTERTAINMENT TAX!
11) Qus. : Are you going Out of Station for Business?
Tax: PAY FRINGE BENEFIT TAX!
12) Qus. : Have you taken or given any Service/s?
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?
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?
Tax : PAY STAMP DUTY & REGISTRATION FEE !
17) Qus. : How you Travel?
Tax: PAY SURCHARGE!
18) Qus. : Any Additional Tax?
Tax: PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!!
19) Qus. : Delayed any time Paying Any Tax?
Tax: PAY INTEREST & PENALTY!
Last edited by Samurai : 19th September 2007 at 17:39. Reason: remove font tags
|19th September 2007, 17:51||#53|
Join Date: Nov 2006
Thanked: 3,470 Times
As for the current topic at hand, i have no words. All i can do is rant, and then keep doing that all over again.
|19th September 2007, 19:22||#54|
Join Date: Mar 2005
Thanked: 2 Times
Also, they have not said whether this is applicable to sale of used cars. If it is, then it will create another channel to create black money. People will declare a lower sale price and take the remainder as black.
|20th September 2007, 08:41||#55|
Join Date: Sep 2007
I dont think it would affect used cars since that involves only transfer ownership. Do we rellay pay any tax/duty for transfers as well?
|20th September 2007, 09:19||#57|
Join Date: Oct 2006
Thanked: 0 Times
In Gurgaon I am now paying VAT of about 12% on the outstanding principal loan value for chaning the car ownership in my name from a company lease due to change in employment. I would assume this is applicable for all transfers where ownership changes and not only because in my case its a company lease, but I may be wrong.
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