Curtsey - One of my CA friends. ↗TAX STRUCTURE IN INDIA ➿➿➿➿➿➿➿ 1) What r u doing? Ans. : Business. Tax : PAY: PROFESSIONAL TAX! 2) What r u doing in Business? Ans. : Selling the Goods. Tax : PAY SALES TAX!! 3) From where r u getting Goods? Ans. : From other Area/State/Abroad. Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI AND NOW LBT & LPT. 4) What r u getting in Selling Goods? Ans. : Profit. Tax : PAY INCOME TAX! 5) How do you distribute profit ? Ans : By way of dividend. Tax : Pay DIVIDEND DISTRIBUTION TAX. 6) Where u Manufacturing the Goods? Ans. : Factory. Tax : PAY EXCISE DUTY! 7) Do u have Office / Warehouse/ Factory? Ans. : Yes. Tax : PAY MUNICIPAL & FIRE TAX! 8) Do you have Staff? Ans. : Yes Tax : PAY STAFFS PROFESSIONAL TAX! 9) Doing business in Millions? Ans. : Yes. Tax : PAY TURNOVER TAX! Ans : No. Tax : Then pay Minimum Alternate Tax (MAT). 10) r u taking out over 25,000 Cash from Bank? Ans. : Yes, for Salary. Tax : PAY CASH HANDLING TAX! 11) Where r u taking your client for Lunch & Dinner? Ans. : Hotel Tax : PAY FOOD & ENTERTAINMENT TAX! 12) R u going Out of Station for Business? Ans. : Yes Tax : PAY FRINGE BENEFIT TAX! 13) Hav u taken or given any Service/s? Ans. : Yes Tax : PAY SERVICE TAX! 14) How come u got such a Big Amount? Ans. : Gift on birthday Tax : PAY GIFT TAX! 15) Do u have any Wealth? Ans. : Yes Tax : PAY WEALTH TAX! 16) To reduce Tension, for entertainment, where are you going? Ans. : Cinema or Resort Tax : PAY ENTERTAINMENT TAX! 17) Hav u purchased House? Ans. : Yes Tax : PAY STAMP DUTY & REGISTRATION FEE ! 18) How u Travel? Ans: Bus Tax : PAY SURCHARGE! 19) Any Additional Tax? Ans. : Yes Tax : PAY EDUCATIONAL ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.s TAX !!! 20) Delayed any time Paying Any Tax? Ans. : Yes Tax : PAY & PENALTY! 21) Do you want growth of india.? Ans: off course Yes . Pay electricity tax, water tax, education tax & other taxes, which is used by defaulting people. 22) INDIAN :: Can I die now? Ans :: wait we are about to launch the FUNERAL TAX. ➖➖➖➖➖➖➖ Very correct, I request everybody enjoy it.
Posted on: Fri, 12 Dec 2014 07:50:21 +0000
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