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Monday, June 17, 2013

TAX STRUCTURE IN INDIA


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. : How do you distribute profit ?

 Ans : By way of dividend

 Tax : Pay dividend distribution Tax

 6) Qus. : Where you Manufacturing the Goods?

 Ans. : Factory.

 Tax : PAY EXCISE DUTY!

 7) Qus. : Do you have Office / Warehouse/ Factory?


 Ans. : Yes

 Tax : PAY MUNICIPAL & FIRE TAX!

 8) Qus. : Do you have Staff?

 Ans. : Yes

 Tax : PAY STAFF PROFESSIONAL TAX!

 9) Qus. : Doing business in Millions?

 Ans. : Yes

 Tax : PAY TURNOVER TAX!

 Ans : No

 Tax : Then pay Minimum Alternate Tax

 10) Qus. : Are you taking out over 25,000 Cash from Bank?

 Ans. : Yes, for Salary.

 Tax : PAY CASH HANDLING TAX!

 11) Qus.: Where are you taking your client for Lunch & Dinner?

 Ans. : Hotel

 Tax : PAY FOOD & ENTERTAINMENT TAX!

 12) Qus.: Are you going Out of Station for Business?

 Ans. : Yes

 Tax : PAY FRINGE BENEFIT TAX!

 13) Qus.: Have you taken or given any Service/s?


 Ans. : Yes

 Tax : PAY SERVICE TAX!

 14) Qus.: How come you got such a Big Amount?

 Ans. : Gift on birthday.

 Tax : PAY GIFT TAX!

 15) Qus.: Do you have any Wealth?

 Ans. : Yes

 Tax : PAY WEALTH TAX!

 16) Qus.: To reduce Tension, for entertainment, where are you going?

 Ans. : Cinema or Resort.

 Tax : PAY ENTERTAINMENT TAX!

 17) Qus.: Have you purchased House?

 Ans. : Yes

 Tax : PAY STAMP DUTY & REGISTRATION FEE !

 18) Qus.: How you Travel?

 Ans. : Bus

 Tax : PAY SURCHARGE!

 19) Qus.: Any Additional Tax?

 Ans. : Yes

 Tax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL
 GOVT.'s TAX !!!

 20) Qus.: Delayed any time Paying Any Tax?

 Ans. : Yes

 Tax : PAY INTEREST & PENALTY!

 21) INDIAN :: Can I Die Now??

 Ans :: Wait we are about to launch the funeral tax!!!

 Wanna Die ?? Pay Tax !!

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