funny side of Indian Taxation System


Tax Structure in India.... Funny But True...

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! 

21) INDIAN : Can I die now?? 
Ans :: Wait we are about to launch the funeral tax !!!
Replies (5)

deadly concept, and this tax are wasted in the corruption of Common Wealth Games..

REALLY NICE

good thinking.  is it your own write up 

SUPERB.

Good explanations about all the taxes. 

 

Thanks for sharing. 

 

Old but really good

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