IDES OF MARCH…TIDES OF TROUBLE……..
The Ides of March stand for the first day of the Roman lunar calendar.15th of March, the day that dear old Julius Caesar was asked to beware of and assassinated on. Down the ages, this date is one that resonates doomsday for the superstitious just as Shakespeare had warned; a fore bringer of misfortune, according to many soothsayers.
In present day, our Surti Lalas got a taste of the Ides of March throughout the month. It has been a relentlessly cruel month for them………..
As the month began, a staggering stock market and the sensex knocked the senses out of both the sexes who locked more than horns, as the Bears and Bulls saw red. Dabba traders got tinned by the city police, real estate prices plummeted and diamond traders got singed by the scorcher of the share market’s Holi pyre even as Surti housewives blew up family money set aside to retire. In a town where cash is perennially in flow, liquidity saw many a dry day.
The textile sector got a blow by the FM [Budget, not radio silly!] with no relief to old woes. An 8 % addition of excise duty on imported weaving machines turned ‘TUF into tough’ for the weavers. Thus, spelling days of doom to Lalas who own power looms. With global competition warming up, prospects of growth seem bleak at present for Tapi town weavers who were set to go the long haul in upgrading their technology.
Tax evaders who are in the trade of property, diamond and textile have had a long, difficult month. Most of them were actually given the Ides of March i.e. March 15th.as the last day to cough up the indigestible tax returns. I-T officials seem to have hitched the Lalas, hook line and sinker; leaving no nook or corner for escape. VAT evaders ki toh vaat lag gai! With the Fiscal deadline fast approaching for this financial year, there were chaotic queues at offices of the revenue department as Surtis endlessly lined up and set their records straight to avoid being penalized later.
As though all this was not enough, the Jantri’s Jantar Mantar took the town completely unawares. Surat’s Bahumaali Bhavan turned into a clubhouse as the public, police; lawyers and bouncers tussled over equal rights of registration and decided to ‘go to the mattresses’- a la Godfather. Stamp paper demands caused a stampede. Amongst all the hungama, many stories unfolded along with the sleepover ka saman and hot tales arose along with the Tiffin box lids which Surtis came equipped with. The event also brought together snooty socialites from Parle Point to rub shoulders with the humble hasinas of Varachha, as most Surtis register their property in the name of the fairer sex. Lalas had to line up in person for once to officially register property in the proper way. Not being used to function without corruption, many Surtis unnecessarily slipped in extra currency with the registration amount, in hope that it would earn them an upgraded registration [or so they thought]!
Thus the scorching summer has begun with most Surtis in a soup. For once, March ending will bring a sigh of relief to Tapi towners. Hopefully, the month of April will bring in happier times. But, do watch out dear Lalas, because the new month begins tomorrow with April Fools Day! Here’s wishing you a happy one.
Showing posts with label vat. Show all posts
Showing posts with label vat. Show all posts
Monday, March 17, 2008
Sunday, October 21, 2007
YEH TOH BADAA TOING HAI!!!!!
YEH TOH BADAA TOING HAI!!!!!
If you think this article is about the controversial advert.on telly these days, you are sadly mistaken, am not talking of the outrageous marketing strategy that some find scandalizing and others superb. I am talking about the big TOING that the surtis generate-------Tax, Octroi Income Not Given! Or rather as we surtis would put it, Tax, Octroi, Income No Ghotalo! TOING!
Tax returns filed this term were considerably low in number as usual and I am positive it had nothing to do with our lala lobby being confused about it .our average citizen [helped by his loyal lawyer] is intelligent enough to work his way around the law and pocket his’ bada TOING. What’s new????You will ask, it happens in all the cities small and big. Well dearies that is not the case in our hometown. We do things differently. Which now brings me to the
RAID? UPGRADE!!!!Factor…………..
Recently, a series of raids by officers of the Income Tax branch were conducted in the city which included an unending list of our famous doctors. Here is part of a conversation post the happening in the waiting room for patients and relatives,’ Tamara dr.na ketla thaya?80?bus, amaara na to 150 kidha’let me make it clear that they were not quoting the fees or percentage, they were conversing about the amount in crores of the rupees declared. The big deal about this is the manner in which our learned citizens reacted, almost taking pride in the fact while stating the declared figures of their medical supremos.The case is the same if you replace the doctors with any other leading professionals or businessmen. The idea of being raided is mostly seen as having made it big .If you have the taxman knock on your door; you know you have reached the top league for sure. It’s almost celebrated like a trend with people actually looking forward to the process and being well prepared to handle it .No more caught unawares, our biggies know to play this game and make the rules dance to their tunes. They know how to do their thing, by pulling up a few strings.’
.TAX HISTORY MYSTERY………..
Taxes have existed since the ancient times .Property and sales tax were known in ancient Rome. Even way back then, tariffs were favored over internal taxes as a source of revenue. Taxes have 3 main functions---1.To cover government spending2. To promote stable economic growth 3. To lessen inequalities in the distribution of income and wealth. In short it helps the government make life better for all the citizens.
WISE ADVICE,……….Dear responsible citizen of surat, Either VAT ki vaat mat lagao or if you would rather partially pocket your BIG TOING than pay it up, maybe you could use part of it for making life better for all surti citizens in one of the following ways……Adopt an .N.G.O.,Kalyan Kendra or Educational trust. Support it in cash and kind for a lifetime because annual cheques donated to commemorate deceased loved ones do not provide enough towards making a generation aware of AIDS,ENVIRONMENT ,HEALTH.etc.Most of the organizations we have lead a hand to mouth existence they need you and your BIG TOING. I definitely assure you, the amount they require will not burn a hole in your oversized pocket but it will make a world of a difference to them. You will be directly helping to create a better ambience around town for your children.
Benefit the society directly this way or from the government rules please do not sway,
Pay your taxes as you should, if not then be a Robinhood.Thus you may proudly, literally wash
Your dirty linen in public for the benefit of society.oops!!!!!!!seems like I am talking about the,’YEH TOH BADA TOING HAI!’
If you think this article is about the controversial advert.on telly these days, you are sadly mistaken, am not talking of the outrageous marketing strategy that some find scandalizing and others superb. I am talking about the big TOING that the surtis generate-------Tax, Octroi Income Not Given! Or rather as we surtis would put it, Tax, Octroi, Income No Ghotalo! TOING!
Tax returns filed this term were considerably low in number as usual and I am positive it had nothing to do with our lala lobby being confused about it .our average citizen [helped by his loyal lawyer] is intelligent enough to work his way around the law and pocket his’ bada TOING. What’s new????You will ask, it happens in all the cities small and big. Well dearies that is not the case in our hometown. We do things differently. Which now brings me to the
RAID? UPGRADE!!!!Factor…………..
Recently, a series of raids by officers of the Income Tax branch were conducted in the city which included an unending list of our famous doctors. Here is part of a conversation post the happening in the waiting room for patients and relatives,’ Tamara dr.na ketla thaya?80?bus, amaara na to 150 kidha’let me make it clear that they were not quoting the fees or percentage, they were conversing about the amount in crores of the rupees declared. The big deal about this is the manner in which our learned citizens reacted, almost taking pride in the fact while stating the declared figures of their medical supremos.The case is the same if you replace the doctors with any other leading professionals or businessmen. The idea of being raided is mostly seen as having made it big .If you have the taxman knock on your door; you know you have reached the top league for sure. It’s almost celebrated like a trend with people actually looking forward to the process and being well prepared to handle it .No more caught unawares, our biggies know to play this game and make the rules dance to their tunes. They know how to do their thing, by pulling up a few strings.’
.TAX HISTORY MYSTERY………..
Taxes have existed since the ancient times .Property and sales tax were known in ancient Rome. Even way back then, tariffs were favored over internal taxes as a source of revenue. Taxes have 3 main functions---1.To cover government spending2. To promote stable economic growth 3. To lessen inequalities in the distribution of income and wealth. In short it helps the government make life better for all the citizens.
WISE ADVICE,……….Dear responsible citizen of surat, Either VAT ki vaat mat lagao or if you would rather partially pocket your BIG TOING than pay it up, maybe you could use part of it for making life better for all surti citizens in one of the following ways……Adopt an .N.G.O.,Kalyan Kendra or Educational trust. Support it in cash and kind for a lifetime because annual cheques donated to commemorate deceased loved ones do not provide enough towards making a generation aware of AIDS,ENVIRONMENT ,HEALTH.etc.Most of the organizations we have lead a hand to mouth existence they need you and your BIG TOING. I definitely assure you, the amount they require will not burn a hole in your oversized pocket but it will make a world of a difference to them. You will be directly helping to create a better ambience around town for your children.
Benefit the society directly this way or from the government rules please do not sway,
Pay your taxes as you should, if not then be a Robinhood.Thus you may proudly, literally wash
Your dirty linen in public for the benefit of society.oops!!!!!!!seems like I am talking about the,’YEH TOH BADA TOING HAI!’
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