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20 interesting facts about the Budget


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Pranab Alladin
Suggestions
by Pranab Alladin on Feb 06, 2011 01:31 PM  | Hide replies

Mr. Pranab Mukherjee should do the following things in his Budget Proposal 2011-12 to improove the Congress image.
1) First try to mope up as much Black Money stashed in tax Heavens & Banks to give revenue support for various infra Projects.

2) No more Disinvestment proposals in PSUs in liue of Retrival of Black Money.

3) Reduce tax Burdens Across board to give more money to people to face 17 to 18% food Inflation levels, Fuel & LPG price Hikes.

4) Declare Andaman/Nicobar Islands and Lakshadeep as India's Tax Heavens to source International funds and use 20% deposit every year from these heavens to Support India's Annual Budget to avoid any further embarrasssing missives from Apex Court.

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Hebbar R
Re: Suggestions
by Hebbar R on Feb 07, 2011 10:38 AM
Rest assured, the Finance Minister will do none of these. These are against the hidden belief of the Congress which is anti-aam aadmi internally.

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Satyesh
interesting facts
by Satyesh on Feb 05, 2011 10:53 AM

The most interesting fact about this bodget is that there is no interesting fact about this budget

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Satyesh
Few budget proposals by this government
by Satyesh on Feb 05, 2011 10:51 AM  | Hide replies

-The government also proposes to levy 50% tax on inflation. The tax will increase along with rise in inflation.

- Every Indian has to wear oxygen meter after this bodget. The government proposes to levy upto 50% oxygen tax on breathing oxygen from air. People from polluted areas may apply for exemption from this tax. People from Hill stations will have to pay maximum oxygen Tax.

- Walking tax is proposed for all Indian citizens who begin to walk. Allpeople above the age of 2 years will have to pay this tax. All the people above 2 years, who walk on their own feet, have to wear walking meter, and submit the details of this meter along with annual IT return.

- Interim taxation shall be levied on anything which the people use or do daily, without prior proposal in budget.

- 50% tax is to be levied on individuals who are not eligible to pay any type of tax.

LAST BUT NOT THE LEAST:

- 25% additional tax is proposed on any type of tax paid to the govrnment, and 50% surcharge is proposed on the total amount of any type of tax paid, including the above 25% additional tax.






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Nishit Shukla
Re: Few budget proposals by this government
by Nishit Shukla on Feb 07, 2011 05:53 AM
Well-said, was good.

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Hebbar R
Re: Few budget proposals by this government
by Hebbar R on Feb 07, 2011 10:40 AM
After all this, the Govt and its Services will have the right to take away a part of anything that is left with the common man. This will be towards Gratis which will henceforth become legal.

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NARAYANAN N
Now the 20 points Budget.
by NARAYANAN N on Feb 05, 2011 08:31 AM  | Hide replies

What is the great achievement by Congress-I since 1947?
BOFORS, CVC, ADARSH, CWG, INFLATION, ANTI MAJORITY PEOPLE POLICIES, FILLING SWISS AND OTHER FOREIGN BANK ACCOUNTS, HELP TO Q LIKE PEOPLE, AND SO ON.
Now the 20 points Budget.

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

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

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

4) Quos. : What are you getting in Selling Goods?
Ans.: Profit.
Tax: PAY INCOME TAX

5) Quos. : How do you distribute profit?
Ands: By way of dividend
Tax: PAY DIVIDEND DISTRIBUTION TAX

6) Quos. : Where you Manufacturing the Goods?
Ans.: Factory.
Tax: PAY EXCISE DUTY

8) Quos. : Do you have Staff?
Ans.: Yes
Tax: PAY STAFF PROFESSIONAL TAX

9) Quos. : Doing business in Millions?
Ans.: Yes
Tax: PAY TURNOVER TAX?
Ands: No
Tax: Then pay Minimum Alternate Tax

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

11) Quos. Where are you taking your client for Lunch & Dinner?
Ans.: Hotel
Tax: PAY FOOD & ENTERTAINMENT TAX
12) Quos.: Are you going Out of Station for Business?
Ans.: Yes
Tax: PAY FRINGE BENEFIT TAX

13) Quos. Have you taken or given any Service/s?
Ans.: Yes
Tax: PAY SERVICE TAX


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Anil Arora
Re: Now the 20 points Budget.
by Anil Arora on Feb 06, 2011 01:14 PM
ONE TAX TO SAVE ALL TAXES
i.e pay to politician and get not only business deals also safe yourself for harrasment


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NARAYANAN N
Re: Now the 20 points Budget.
by NARAYANAN N on Feb 05, 2011 08:33 AM
14) Quos. How come you got such a Big Amount?
Ans.: Gift on birthday.
Tax: PAY GIFT TAX

15) Quos. Do you have any Wealth?
Ans.: Yes
Tax: PAY WEALTH TAX

16) Quos. To reduce Tension, for entertainment, where are you going?
Ans.: Cinema or Resort.
Tax: PAY ENTERTAINMENT TAX
17) Quos.: Have you purchased House?
Ans.: Yes
Tax: PAY STAMP DUTY & REGISTRATION FEE

18) Quos. How you Travel?
Ans.: Bus
Tax: PAY SURCHARGE

19) Quos. Any Additional Tax?
Ans.: Yes
Tax: PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL Goat’s TAX!!!

20) Quos.: Delayed any time paying Any Tax?
Ans.: Yes
Tax: PAY INTEREST & PENALTY

21) INDIAN: Can I die now??
Ands: No, wait we are about to launch the FUNERAL TAX
------------------------------------------------------------------------

Petrol Price in INDIA-will increase every now and then only for India.

Pakistan RSP. 26
Bangladesh RSP. 22
Cuba Rs.19
Nepal RSP. 34
Burma RSP. 30
Afghanistan RSP. 36
INDIA RSP. 63.40
BASIC COST PER 1 LITRE 16.50
Centre tax 11.80%
Excise duty 9.75%
Vat cuss 4%
State tax 8 %

Total RSP. 50.05

Now extra 13.35 RSP, PER 1 LITRE
Great job from govt. …
Please Pass this messages to only true INDIANS AND ITALIAN BASED BLOOD RELATED FAMILY BECAUSE BEFORE 1947 IT WAS BRITISH RULE AND IT IS ITALIAN BLOOD RELATED FAMILY RULE BY INDIRECTLY. Eg. Presidents, Prime mini

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Sidhharth Panda
Re: Re: Now the 20 points Budget.
by Sidhharth Panda on Feb 06, 2011 07:16 PM
this time taxes will be imposed on marriages and giving birth to a child (dead or alive).

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NARAYANAN N
Now the 20 points Budget.
by NARAYANAN N on Feb 05, 2011 08:31 AM

What is the great achievement by Congress-I since 1947?
BOFORS, CVC, ADARSH, CWG, INFLATION, ANTI MAJORITY PEOPLE POLICIES, FILLING SWISS AND OTHER FOREIGN BANK ACCOUNTS, HELP TO Q LIKE PEOPLE, AND SO ON.
Now the 20 points Budget.

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

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

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

4) Quos. : What are you getting in Selling Goods?
Ans.: Profit.
Tax: PAY INCOME TAX

5) Quos. : How do you distribute profit?
Ands: By way of dividend
Tax: PAY DIVIDEND DISTRIBUTION TAX

6) Quos. : Where you Manufacturing the Goods?
Ans.: Factory.
Tax: PAY EXCISE DUTY

8) Quos. : Do you have Staff?
Ans.: Yes
Tax: PAY STAFF PROFESSIONAL TAX

9) Quos. : Doing business in Millions?
Ans.: Yes
Tax: PAY TURNOVER TAX?
Ands: No
Tax: Then pay Minimum Alternate Tax

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

11) Quos. Where are you taking your client for Lunch & Dinner?
Ans.: Hotel
Tax: PAY FOOD & ENTERTAINMENT TAX
12) Quos.: Are you going Out of Station for Business?
Ans.: Yes
Tax: PAY FRINGE BENEFIT TAX

13) Quos. Have you taken or given any Service/s?
Ans.: Yes
Tax: PAY SERVICE TAX


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indianullu@rediffmail.com
Is the scam money included in budget?
by indianullu@rediffmail.com on Feb 04, 2011 09:51 PM

Or since that was included in previous years' (how many one does not know)
thats out of picture!
Whatever budget he presents we are sure it does not cover all the needs!
So?

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Satyesh
Lootere
by Satyesh on Feb 04, 2011 09:14 PM

History repeats itself. Shall we be experiencing another "emergency" situation in India? Similar was the position in early and mid 1970s, when Mrs. Indira Gandhi was unable to control inflation, which subsequently lead Mrs. Gandhi to declare "emergency" in the country,which stayed for 3 years, and ultimately threw Mrs. Gandhi out of power. Congress definitely believes in repeating this history, because today, the infaltion is so high that even the upper middle-class people are experiencing difficulties to make both their ends meet. So the plight of lower middle-class and lower middle class people of India is really worst upto to unimagineable extent.


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PO
And
by PO on Feb 04, 2011 05:43 PM  | Hide replies

85% people in India do not have any bank a/c.
Hence 85% economy runs on black money within India.


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me.joke@rediffmail.com
Re: And
by me.joke@rediffmail.com on Feb 05, 2011 05:11 AM
what? where do Indians put money?

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R MAHESWARAN
Re: Re: And
by R MAHESWARAN on Feb 06, 2011 10:14 AM
where is money to put

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Ajit d
More taxes in that suitcases
by Ajit d on Feb 04, 2011 02:52 PM

Expect more taxes to public, indirect taxes like inflation. Pay hike to employees with a 90% deficit budget. .... Wait for salary for 6 month for clearance... More sops for blackmarketers... and blackmoney..

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