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!
Ans: No
Tax: Then pay Minimum Alternate 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: Do you own any vehicle?
Ans.: Yes
TAX: PAY ROAD TAX
19) Qus. Any Additional Tax?
Ans.: Yes
Tax: PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!!
20) Qus.: Delayed any time paying Any Tax?
Ans.: Yes
Tax: PAY INTEREST & PENALTY!
21) Qus. : How do you distribute profit?
Ans: By way of dividend
Tax: Pay dividend distribution Tax
22) INDIAN: Whether I get services/items good or bad I have to pay all these.
Can I die now?
Ans: Wait . We are about to launch the funeral tax!!!
TAX STRUCTURE IN INDIA – Useful for everyone
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