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TAX STRUCTURE IN INDIA1) 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, CU...STOM 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 Tax6) 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 Tax10) 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 ®ISTRATION FEE !18) Qus.: How you Travel?Ans. : Bus Tax : PAY SURCHARGE!19) Indian : can I die now..?Ans. Only alternateIn India Pay tax tax tax and........TAXBecause after that have nothing else and Karo Relax
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