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Tax Structure in India funny but true!
Priyanka
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Posted 28-07-2009Reply

Tax Structure in India funny but true!

~~~~~~~~~~~~



Question 1 : What are you doing?

Ans : Business.

Tax : PAY PROFESSIONAL TAX!



Question 2 : What are you doing in Business?

Ans : Selling the Goods.

Tax : PAY SALES TAX!



Question 3 : From where are you getting Goods?

Ans : From other State/Abroad

Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI



Question 4 : What are you getting in Selling Goods?

Ans : Profit.

Tax : PAY INCOME TAX!



Question 5: How do you distribute profit ?

Ans : By way of dividend

Tax : PAY DIVIDEND DISTRIBUTION TAX



Question 6 : Where you Manufacturing the Goods?

Ans. : Factory...

Tax : PAY EXCISE DUTY!



Question 7 : Do you have Office / Warehouse / Factory?

Ans : Yes

Tax : PAY MUNICIPAL & FIRE TAX!



Question 8 : Do you have Staff?

Ans. : Yes

Tax : PAY STAFF PROFESSIONAL TAX!



Question 9 : Doing business in Millions?

Ans. : Yes -- Tax : PAY TURNOVER TAX!

Ans : No -- Tax : Then pay Minimum Alternate Tax



Question 10 : Are you taking out over 25,000 Cash from Bank?

Ans : Yes, for Salary.

Tax : PAY CASH HANDLING TAX!



Question 11 : Where are you taking your client for Lunch & Dinner?

Ans : Hotel

Tax : PAY FOOD & ENTERTAINMENT TAX



Question 12 : Are you going Out of Station for Business?

Ans : Yes

Tax : PAY FRINGE BENEFIT TAX



Question 13 : Have you taken or given any Services?

Ans : Yes

Tax : PAY SERVICE TAX



Question 14 : How come you got such a Big Amount?

Ans : Gift on birthday.

Tax : PAY GIFT TAX



Question 15.: Do you have any Wealth?

Ans. : Yes

Tax : PAY WEALTH TAX



Question 16 : To reduce Tension, for entertainment, where are you going?

Ans : Cinema or Resort.

Tax : PAY ENTERTAINMENT TAX



Question 17 : Have you purchased House?

Ans : Yes

Tax : PAY STAMP DUTY & REGISTRATION FEE



Question 18 : How you Travel?

Ans : Bus

Tax : PAY SURCHARGE



Question 19.: Any Additional Tax?

Ans : Yes

Tax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL

GOVT.'s TAX



Question 20: Delayed any time Paying Any Tax?

Ans : Yes

Tax : PAY INTEREST & PENALTY



21) INDIAN : Can I die now??

Ans : Wait we are about to launch the funeral tax!



Source: Email from My Friend
Jigar
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  Rated 0 | Posted 28-07-2009

"To please universally was the object of his life; but to tax and to please, no more than to love and to be wise, is not given to men." This words of Edmund Burke do ring true after reading your article priyanka good article keep it up .

Sudhakarvas
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  Rated 0 | Posted 28-07-2009

Priyanka nice and funny one..........................!

Suman
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  Rated 0 | Posted 28-07-2009

good one!

I have forwarded this message to our company tax auditor


Suman

Priya
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  Rated 0 | Posted 28-07-2009

thanks for sharing..

Priyanka
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221 Posts
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  Rated 0 | Posted 30-07-2009

good one!



I have forwarded this message to our company tax auditor



See Suman's complete reply


oh.... is it.....!!!! gr... they'll hv fun

Regards
Priyanka

Priyanka
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221 Posts
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  Rated 0 | Posted 30-07-2009

Thanks Jigar, Sudhakarvas, Priya for ur positive reply.

Asmita
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  Rated 0 | Posted 10-11-2009

Hey Priyanka,

Really funny but true...

Thanks for posting..

Latha
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  Rated 0 | Posted 10-11-2009

surprised to see so many taxes at one place..good one..:)

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