?TAX STRUCTURE IN INDIA
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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!
? How do you distribute profit ?
Ans. : By way of dividend
Tax : Pay DIVIDEND DISTRIBUTION TAX!
? 5) Where r u Manufacturing the Goods?
Ans. : Factory
Tax : PAY EXCISE DUTY!
? 6) Do u have Office / Warehouse / Factory?
Ans. : Yes
Tax : PAY MUNICIPAL & FIRE TAX!
?7) Do you have Staff?
Ans. : Yes
Tax : PAY STAFFS PROFESSIONAL TAX!
? 8) Doing Business in Millions?
Ans. : Yes
Tax : PAY TURNOVER TAX!
Ans. : No
Tax : Then pay MINIMUM ALTERNATE TAX (MAT)
? 9) R u taking out over 25,000 Cash from Bank?
Ans. : Yes, for Salary
Tax : PAY CASH HANDLING TAX!
? 10) Where r u lodging your client?
Ans. : Hotel
Tax : PAY LUXURY TAX!
?11) R u going Out of Station for Business?
Ans. : Yes
Tax : PAY FRINGE BENEFIT TAX!
?12) Hav u taken or given any Service/s?
Ans. : Yes
Tax : PAY SERVICE TAX!
? 13) How come u got such a Big Amount?
Ans. : Gift on Birthday
Tax : PAY GIFT TAX!
?
14) Do u have any Wealth?
Ans. : Yes
Tax : PAY WEALTH TAX!
? 15) To reduce tension, for entertainment, where are you going?
Ans. : Cinema or Resort
Tax : PAY ENTERTAINMENT TAX!
? 16) Hav u purchased House?
Ans. : Yes
Tax : PAY STAMP DUTY & REGISTRATION FEE!
?17) How do u Travel ?
Ans: Bus
Tax : PAY SURCHARGE!
?18) Any Additional Tax?
Ans. : Yes
Tax : PAY EDUCATION CESS, SECONDARY & HIGHER EDUCATION CESS & SURCHARGE ON ALL THE CENTRAL GOVT.
TAXES !!!
? 19) Delayed any time Paying Any Tax?
Ans. : Yes
Tax : PAY INTEREST & PENALTY!
?20) Do you want growth of India.?
Ans. : Of course, Yes
Tax : Then pay , WATER TAX, ROAD TAX, SWATCH BHARATH Cess, ETC. ETC.
? INDIAN : Can I die now?
Ans. : Wait we are about to launch the FUNERAL TAX!
