17/12/2014
A funny storry..
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!
How do you distribute profit ?
Ans : By way of dividend
Tax : Pay DIVIDEND DISTRIBUTION TAX.
5) Where 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 STAFF'S 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 taking your client for Lunch & Dinner?
Ans. : Hotel
Tax : PAY FOOD & ENTERTAINMENT 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 u Travel?
Ans: Bus
Tax : PAY SURCHARGE!
18) Any Additional Tax?
Ans. : Yes
Tax : PAY EDUCATIONAL ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!!
19) Delayed any time Paying Any Tax?
Ans. : Yes
Tax : PAY INTEREST & PENALTY!
20) Do you want growth of india.?
Ans: offcource Yes .
Pay electricity tax, water tax, education tax, & other taxes, which is used by defaulter people.
