TAX STRUCTURE IN INDIA............

 

 

Who said its complex....jus chk this out!!

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 SALRES TAX, CUSTOM DUTY & OCTROI !

4) Qus. : What are you getting in Selling Goods?
Ans. : Profit.
Tax : PAY INCOME TAX !

5) Qus. : Where are 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!