funny: tax structure in india

Sangam (CA) (1329 Points)

26 July 2009  

 tax structure in india 

 

1) Qus. : What are you doing? 
Ans.: Business. 
Tax: PAY PROFESSIONAL TAX! 
 
2) Qus. : What are you doing in Business? 
Ans.: Selling the Goods. 
Tax: PAY SALES TAX!! 
 
3) Qus. : From where are you getting Goods? 
Ans.: From other State/Abroad 
Tax: PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI!
 
4) Qus. : What are you getting in Selling Goods? 
Ans.: Profit. 
Tax: PAY INCOME TAX! 
 
5) Qus. : Where you Manufacturing the Goods? 
Ans.: Factory. 
Tax: PAY EXCISE DUTY! 
 
6) Qus. : Do you have Office / Warehouse/ Factory?
Ans.: Yes 
Tax: PAY MUNICIPAL & FIRE TAX! 
 
7) Qus. : Do you have Staff? 
Ans.: Yes 
Tax: PAY STAFF PROFESSIONAL TAX! 
 
8) Qus. : Doing business in Millions? 
Ans.: Yes 
Tax: PAY TURNOVER TAX! 
 
9) Qus. : Are you taking out over 25,000 Cash from Bank?
Ans.: Yes, for Salary. 
Tax: PAY CASH HANDLING TAX! 
 
10) Qus. : Where are you taking your client for Lunch & Dinner? 
Ans.: Hotel 
Tax: PAY FOOD & ENTERTAINMENT TAX! 
 
11) Qus. : Are you going Out of Station for Business? 
Ans.: Yes 
Tax: PAY FRINGE BENEFIT TAX! 
 
12) Qus. : Have you taken or given any Service/s? 
Ans.: Yes 
Tax : PAY SERVICE TAX! 
 
13) Qus. : How come you got such a Big Amount? 
Ans.: Gift on birthday. 
Tax: PAY GIFT TAX! 
 
14) Qus. : Do you have any Wealth? 
Ans.: Yes 
Tax: PAY WEALTH TAX! 
 
15) Qus. : To reduce Tension, for entertainment, where are you going?
Ans.: Cinema or Resort. 
Tax: PAY ENTERTAINMENT TAX! 
 
16) Qus. : Have you purchased House? 
Ans.: Yes 
Tax : PAY STAMP DUTY & REGISTRATION FEE ! 
 
17) Qus. : How you Travel? 
Ans.: Bus 
Tax: PAY SURCHARGE! 
 
18) Qus. : Any Additional Tax? 
Ans.: Yes 
Tax: PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!! 
 
19) Qus. : Delayed any time Paying Any Tax? 
Ans.: Yes 
Tax: PAY INTEREST & PENALTY