Tax Structure in INDIA
Question 1 :
What are you doing?
Ans. : Business.
Tax : PAY PROFESSIONAL TAX!
Question 2 :
What are you doing in Business?
Ans. : Selling the Goods.
Tax : PAY SALES TAX!!
Question 3 :
From where are you getting Goods?
Ans. : From other State/Abroad
Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI
Question 4 :
What are you getting in Selling Goods?
Ans. : Profit.
Tax : PAY INCOME TAX!
Question 5:
How do you distribute profit ?
Ans : By way of dividend
Tax : PAY DIVIDEND DISTRIBUTION TAX
Question 6 :
Where you Manufacturing the Goods?
Ans. : Factory...
Tax : PAY EXCISE DUTY!
Question 7 :
Do you have Office / Warehouse / Factory?
Ans. : Yes
Tax : PAY MUNICIPAL & FIRE TAX!
Question 8 :
Do you have Staff?
Ans. : Yes
Tax : PAY STAFF PROFESSIONAL TAX!
Question 9 :
Doing business in Millions?
Ans. : Yes --
Tax : PAY TURNOVER TAX!
Ans : No --
Tax : Then pay Minimum Alternate Tax
Question 10 :
Are you taking out over 25,000 Cash from Bank?
Ans. : Yes, for Salary.
Tax : PAY CASH HANDLING TAX!
Question 11 :
Where are you taking your client for Lunch & Dinner?
Ans. : Hotel
Tax : PAY FOOD & ENTERTAINMENT TAX!
Question 12 :
Are you going Out of Station for Business?
Ans. : Yes
Tax : PAY FRINGE BENEFIT TAX!
Question 13 :
Have you taken or given any Service / (s)?
Ans. : Yes
Tax : PAY SERVICE TAX!
Question 14 :
How come you got such a Big Amount?
Ans. : Gift on birthday.
Tax : PAY GIFT TAX!
Question 15 :
Do you have any Wealth?
Ans. : Yes
Tax : PAY WEALTH TAX!
Question 16 :
To reduce Tension, for entertainment, where are you going?
Ans. : Cinema or Resort.
Tax : PAY ENTERTAINMENT TAX!
Question 17 :
Have you purchased House?
Ans. : Yes
Tax : PAY STAMP DUTY & REGISTRATION FEE !
Question 18 :
How you Travel?
Ans. : Bus
Tax : PAY SURCHARGE!
Question 19 :
Any Additional Tax?
Ans. : Yes
Tax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!!
Question 20:
Delayed any time Paying Any Tax?
Ans. : Yes
Tax : PAY INTEREST & PENALTY!
Finally.... A Single Question asked by INDIAN :
Can I die now??
Ans : Wait we are about to launch the FUNERAL TAX !!???
My comment :
Eventhough we pay lot of taxes to our nation, still we Proud to be an INDIAN
JAI BHARAT..... JAI HO :-)
Advanced wishes for INDIA's INDEPENDENCE DAY
