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Sunday, January 13, 2013
Friday, June 01, 2012
Tax Structure in India
Tax Structure in India
Q: What are you doing?
A: Business.
Govt: PAY PROFESSIONAL TAX
Q: What are you doing in Business?
A: Selling the Goods.
Tax: PAY SALES TAX
Q: From where are you getting Goods?
A: From other State/Abroad
Tax: PAY CENTRAL SALES TAX, CUSTOM DUTY OCTROI
Q: What are you getting in Selling Goods?
A: Profit.
Tax: PAY INCOME TAX
Q: How do you distribute profit?
A: : By way of dividend
Tax: PAY DIVIDEND DISTRIBUTION TAX
Q: Where you Manufacturing the Goods?
A: Factory.
Tax: PAY EXCISE DUTY
Q: Do you have Staff?
A: Yes
Tax: PAY STAFF PROFESSIONAL TAX
Q: Doing business in Millions?
A: Yes or No
Tax: If yes, PAY TURNOVER TAX; if no, then pay Minimum Alternate Tax
Q: Are you taking out over 25,000 Cash from Bank?
A: Yes, for Salary.
Tax: PAY CASH HANDLING TAX
Q: Where are you taking your client for Lunch Dinner?
A: Hotel
Tax: PAY FOOD ENTERTAINMENT TAX
Q: Are you going Out of Station for Business?
A: Yes
Tax: PAY FRINGE BENEFIT TAX
Q: Have you taken or given any Service/s?
A: Yes
Tax: PAY SERVICE TAX
Q: How come you got such a Big Amount?
A: Gift on birthday.
Tax: PAY GIFT TAX
Q: Do you have any Wealth?
A: Yes
Tax: PAY WEALTH TAX
Q: To reduce Tension, for entertainment, where are you going?
Ans.: Cinema or Resort.
A: PAY ENTERTAINMENT TAX
Q: Have you purchased House?
A: Yes
Tax: PAY STAMP DUTY REGISTRATION FEE
Q: Want to run away to another city?
A: Yes
Tax: PAY TOLL CESS
Q: Any Additional Tax?
A: Yes
Tax: PAY EDUCATIONAL CESS SURCHARGE ON ALL THE CENTRAL GOVT TAXES
Q: Delayed any time Paying Any Tax?
A: Yes
Tax: PAY INTEREST PENALTY
Q: Can I die now?
A: No, wait we are about to launch the FUNERAL TAX !!!
Tuesday, May 15, 2012
5-minute Management Course
5-minute Management Course [Hilarious but True!]
the doorbell rings.
The wife quickly wraps herself in a towel and runs downstairs.
When she opens the door, there stands Bob, the next-door neighbour.
Before she says a word, Bob says, ‘I’ll give you $800 to drop that towel.’
After thinking that she has a chance earning $800 within a minute, the woman drops
her towel and stands naked in front of Bob, aftera few seconds, Bob hands her $800
and leaves.
The woman wraps back up in the towel andgoes back upstairs.
When she gets to the bathroom, her husband asks, ‘Who was that?’
‘It was Bob the next door neighbour,’ she replies.
‘Great,’ the husband says, ‘Did he say anything about the $800 he owes me?’
Moral of the story:
Do not share any critical information unless you understand the need of opposite
person. It may or may not help him but surely won’t help you.
She got in and crossed her legs, forcing her gown to reveal a leg. The priest
nearly had an accident.
After controlling the car, he stealthily slid his hand up her leg.
The nun said, ‘Father, remember Psalm 129?’
The priest removed his hand. But, changing gears, he let his hand slide up her leg
again.
The nun once again said, ‘Father, rememberPsalm 129?’
The priest apologized ‘Sorry sister, but the flesh is weak.’
Arriving at the convent, the nun sighed heavily and went on her way.
On his arrival at the church, the priest rushed to look up Psalm 129. It said, ‘Go
forth and seek, further up, you will find glory.’
Moral of the story:
If you are not well informed in your job, you might miss a great opportunity.
they find an antique oil lamp.
They rub it and a Genie comes out.
The Genie says, ‘I’ll give each of you just one wish.’
‘Me first! Me first!’ says the admin clerk. ‘I wantto be in the Bahamas, driving a
speedboat, without a care in the world.’
Puff! She’s gone.
‘Me next! Me next!’ says the sales rep. ‘I want to be in Hawaii , relaxing on the
beach with my personal masseuse, an endless supply of Pina Coladas and the love of
my life.’
Puff! He’s gone.
‘OK, you’re up,’ the Genie says to the manager.
The manager smiles and say, ‘I want those two back in the office after the lunch-
time.’
Moral of the story:
Always let your boss have the first say.
A small rabbit saw the eagle and asked him,‘Can I also sit like you and do
nothing?’
The eagle answered: ‘Sure, why not.’
So, the rabbit sat on the ground below the eagle and rested. All of a sudden, a
fox appeared, jumped on the rabbit and ate it.
Moral of the story:
To be sitting and doing nothing, you must be sitting very, very high up.
‘I would love to be able to get to the top of that tree’ sighed the Turkey, ‘but I
haven’t got the energy.’ ‘Well, why don’t you nibble on some of my droppings?’
replied the Bull. They’re packed with nutrients.’
The Turkey pecked at a lump of dung, and found it actually gave her enough
strength to reach the lowest branch of the tree.
The next day, after eating some more dung, she reached the second branch.
Finally after a fourth night, the Turkey was proudly perched at the top of the
tree..
She was promptly spotted by a farmer, who shot her out of the tree.
Moral of the story:
Bull Shit might get you to the top, but it won’t help you stay there for long.
she fell to the ground into a large field.
While she was lying there, a cow came by and dropped some dung on her.
As the frozen bird laid there in the pile of cow dung, she began to realize how
warm it was.
The dung was actually thawing her out!
She lays there all warm and happy, and soon began to sing for joy.
A passing cat hears the bird singing and comes to investigate.
Following the sound, the cat discovered the bird under the pile of cow dung, and
promptly dug her out and ate her.
Morals of the story:
[1] Not everyone who shits on you is your enemy.
[2] Not everyone who gets you out of shit is your friend.
[3] And when you’re in deep shit, keep your mouth shut!
Lesson 1:
A man is getting into the shower just as his wife is finishing up her shower, whenthe doorbell rings.
The wife quickly wraps herself in a towel and runs downstairs.
When she opens the door, there stands Bob, the next-door neighbour.
Before she says a word, Bob says, ‘I’ll give you $800 to drop that towel.’
After thinking that she has a chance earning $800 within a minute, the woman drops
her towel and stands naked in front of Bob, aftera few seconds, Bob hands her $800
and leaves.
The woman wraps back up in the towel andgoes back upstairs.
When she gets to the bathroom, her husband asks, ‘Who was that?’
‘It was Bob the next door neighbour,’ she replies.
‘Great,’ the husband says, ‘Did he say anything about the $800 he owes me?’
Moral of the story:
Do not share any critical information unless you understand the need of opposite
person. It may or may not help him but surely won’t help you.
Lesson 2:
A priest offered a Nun a lift.She got in and crossed her legs, forcing her gown to reveal a leg. The priest
nearly had an accident.
After controlling the car, he stealthily slid his hand up her leg.
The nun said, ‘Father, remember Psalm 129?’
The priest removed his hand. But, changing gears, he let his hand slide up her leg
again.
The nun once again said, ‘Father, rememberPsalm 129?’
The priest apologized ‘Sorry sister, but the flesh is weak.’
Arriving at the convent, the nun sighed heavily and went on her way.
On his arrival at the church, the priest rushed to look up Psalm 129. It said, ‘Go
forth and seek, further up, you will find glory.’
Moral of the story:
If you are not well informed in your job, you might miss a great opportunity.
Lesson 3:
A sales rep, an administration clerk, and the manager are walking to lunch whenthey find an antique oil lamp.
They rub it and a Genie comes out.
The Genie says, ‘I’ll give each of you just one wish.’
‘Me first! Me first!’ says the admin clerk. ‘I wantto be in the Bahamas, driving a
speedboat, without a care in the world.’
Puff! She’s gone.
‘Me next! Me next!’ says the sales rep. ‘I want to be in Hawaii , relaxing on the
beach with my personal masseuse, an endless supply of Pina Coladas and the love of
my life.’
Puff! He’s gone.
‘OK, you’re up,’ the Genie says to the manager.
The manager smiles and say, ‘I want those two back in the office after the lunch-
time.’
Moral of the story:
Always let your boss have the first say.
Lesson 4:
An eagle was sitting on a tree resting, doing nothing.A small rabbit saw the eagle and asked him,‘Can I also sit like you and do
nothing?’
The eagle answered: ‘Sure, why not.’
So, the rabbit sat on the ground below the eagle and rested. All of a sudden, a
fox appeared, jumped on the rabbit and ate it.
Moral of the story:
To be sitting and doing nothing, you must be sitting very, very high up.
Lesson 5:
A Turkey was chatting with a Bull.‘I would love to be able to get to the top of that tree’ sighed the Turkey, ‘but I
haven’t got the energy.’ ‘Well, why don’t you nibble on some of my droppings?’
replied the Bull. They’re packed with nutrients.’
The Turkey pecked at a lump of dung, and found it actually gave her enough
strength to reach the lowest branch of the tree.
The next day, after eating some more dung, she reached the second branch.
Finally after a fourth night, the Turkey was proudly perched at the top of the
tree..
She was promptly spotted by a farmer, who shot her out of the tree.
Moral of the story:
Bull Shit might get you to the top, but it won’t help you stay there for long.
Lesson 6:
A little bird was flying south for the winter. It was so cold the bird froze andshe fell to the ground into a large field.
While she was lying there, a cow came by and dropped some dung on her.
As the frozen bird laid there in the pile of cow dung, she began to realize how
warm it was.
The dung was actually thawing her out!
She lays there all warm and happy, and soon began to sing for joy.
A passing cat hears the bird singing and comes to investigate.
Following the sound, the cat discovered the bird under the pile of cow dung, and
promptly dug her out and ate her.
Morals of the story:
[1] Not everyone who shits on you is your enemy.
[2] Not everyone who gets you out of shit is your friend.
[3] And when you’re in deep shit, keep your mouth shut!
Tuesday, May 01, 2012
GENERAL EQUATIONS
GENERAL EQUATIONS
A woman worries about the future until she gets a husband.
A man never worries about the future until he gets a wife.
A successful man is one who makes more money than his wife can spend.
A successful woman is one who can find such a man.
HAPPINESS
To be happy with a man, you must understand him a lot and love him a little.
To be happy with a woman, you must love her a lot and not try to understand her at all.
LONGEVITY STATISTICS
Married men live longer than single men, but married men are a lot more willing to die.
PROPENSITY TO CHANGE
A woman marries a man expecting he will change, but he doesn't.
A man marries a woman expecting that she won't change, but she does.
DISCUSSION TECHNIQUE
A woman has the last word in any argument.
Anything a man says after that is the beginning of a new argument.
HOW TO STOP PEOPLE FROM BUGGING YOU ABOUT GETTING MARRIED
Old aunts used to come up to me at weddings, poking me in the ribs and cackling, telling me, "You're next."
They stopped after I started doing the same thing to them at funerals.
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