TAX STRUCTURE IN INDIA

[Guest guest]

TAX STRUCTURE IN INDIA 1) Qus. : What are you doing? Ans.: Business. 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? Ans.: Profit. Tax: PAY INCOME TAX! 5) Qus. : Where you Manufacturing the Goods? Ans.: Factory. Tax: PAY EXCISE DUTY! 6) Qus. : Do you have Office / Warehouse/ Factory?Ans.: Yes Tax: PAY MUNICIPAL & FIRE TAX! 7) Qus. : Do you have Staff? Ans.: Yes Tax: PAY STAFF

PROFESSIONAL TAX! 8) Qus. : Doing business in Millions? Ans.: Yes 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? Ans.: Hotel Tax: PAY FOOD & ENTERTAINMENT TAX! 11) Qus. : Are you going Out of Station for Business? Ans.: Yes Tax: PAY FRINGE BENEFIT TAX! 12) Qus. : Have you taken or given any Service/s?

Ans.: Yes 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? Ans.: Yes 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? Ans.: Yes Tax : PAY STAMP DUTY & REGISTRATION FEE ! 17) Qus. : How you Travel? Ans.: Bus Tax: PAY SURCHARGE! 18) Qus. : Any Additional Tax? Ans.: Yes Tax: PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!! 19) Qus. : Delayed any time Paying Any Tax? Ans.: Yes Tax: PAY INTEREST & PENALTY!

DELETE button is history. Unlimited mail storage is just a click away.