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

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C.A.Final (New) ICWAI FINAL (New)
11269 Points Joined November 2008

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 !!!
 
  

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On 05 August 2009 at 14:53 Report
Replies (13)
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CCI STUDENT....
44687 Points Joined January 2009

hehhehehe, its very nice...........

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On 05 August 2009 at 15:50
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CS
231 Points Joined June 2009

 fine is a tax we pay for doing bad...but tax is a fine we pay for doing well

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On 02 October 2009 at 10:15
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Company Secretary and Compliance Officer
114783 Points Joined January 2009

Funny one. Keep posting ji...

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On 02 October 2009 at 11:40
Guest

NICE AND INTERESTING....THANKS FOR SHARING.....

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On 02 October 2009 at 22:46
Guest

But, every economy can run on the basis of Tax only.


Because people donate to the charity, but not to the Government

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On 03 October 2009 at 00:54
Guest

A fine is a tax for doing wrong.


A tax is a fine for doing well.

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On 03 October 2009 at 00:55
Guest

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On 03 October 2009 at 14:17
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ca final student
427 Points Joined March 2009

oh my goddddddddddd

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On 03 October 2009 at 14:39
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ICWA final student trainee(hpcl)
97 Points Joined October 2009

gud one

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On 07 October 2009 at 15:25
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Chartered Accountant
1796 Points Joined March 2009

nice 1

 

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On 07 October 2009 at 15:43
Guest

nice

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On 07 October 2009 at 16:15
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Article
122 Points Joined October 2009
so funny
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On 11 October 2009 at 01:18
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CHARTERED ACCOUNTANT
12714 Points Joined October 2009

 nice and continue

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On 15 November 2009 at 21:39


CCI Pro

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