Tax – Structure in India

1) Question. : What are you doing? .Answer. : Business. .Tax : PAY PROFESSIONAL TAX!  

2) Question. : What are you doing in Business? .Answer. : Selling the Goods. .Tax : PAY SALES TAX!! ...

3) Question. : From where are you getting Goods? .Answer. : From other State/Abroad .Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI!  

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

5) Question. : How do you distribute profit ? .Answer : By way of dividend .Tax : Pay dividend distribution Tax ..

6) Question. : Where you Manufacturing the Goods? .Answer. : Factory. .Tax : PAY EXCISE DUTY!  

7) Question. : Do you have Office / Warehouse/ Factory? .Answer. : Yes .Tax : PAY MUNICIPAL & FIRE TAX!  

8) Question. : Doing business in Millions? .Answer. : Yes .Tax : PAY TURNOVER TAX! .Answer : No .Tax : Then pay Minimum Alternate Tax  .make money 

10) Question. : Are you taking out over 25,000 Cash from Bank? .Answer. : Yes, for Salary. .Tax : PAY CASH HANDLING TAX!  

11) Question.: Where are you taking your client for Lunch & Dinner? .Answer. : Hotel .Tax : PAY FOOD & ENTERTAINMENT TAX!  

12) Question.: Are you going Out of Station for Business? .Answer. : Yes .Tax : PAY FRINGE BENEFIT TAX!  

13) Question.: Have you taken or given any Service/s? .Answer. : Yes .Tax : PAY SERVICE TAX!  

14) Question.: How come you got such a Big Amount? .Answer. : Gift on birthday. .Tax : PAY GIFT TAX!  

15) Question.: Do you have any Wealth? .Answer. : Yes .Tax : PAY WEALTH TAX!  

16) Question.: To reduce Tension, for entertainment, where are you going? .Answer. : Cinema or Resort. .Tax : PAY ENTERTAINMENT TAX!  

17) Question.: Have you purchased House? .Answer. : Yes .Tax : PAY STAMP DUTY & REGISTRATION FEE !  

18) Question.: How you Travel? .Answer. : Bus .Tax : PAY SURCHARGE!  

19) Question.: Any Additional Tax? .Answer. : Yes .Tax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.’s TAX !!!

20) Question.: Delayed any time Paying Any Tax? .Answer. : Yes .Tax : PAY INTEREST & PENALTY!  

21) INDIAN:: can i die now?? .Answer :: wait we are about to launch the funeral tax!!!
TAX STRUCTURE IN INDIA