Tax Structure In India : A forward e-mail
1) Q : What are you doing?
A : Business.
Tax : PAY PROFESSIONAL TAX!
2) Q : What are you doing in Business?
2) Q : What are you doing in Business?
A : Selling the Goods.
Tax : PAY SALES TAX!!
3) Q : From where are you getting Goods?
Tax : PAY SALES TAX!!
3) Q : From where are you getting Goods?
A : From other State/Abroad
Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI!
4) Q : What are you getting in Selling Goods?
Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI!
4) Q : What are you getting in Selling Goods?
A : Profit.
Tax : PAY INCOME TAX!
5) Q : How do you distribute profit ?
Tax : PAY INCOME TAX!
5) Q : How do you distribute profit ?
A : By way of dividend
Tax : Pay dividend distribution Tax
6) Q : Where you Manufacturing the Goods?
Tax : Pay dividend distribution Tax
6) Q : Where you Manufacturing the Goods?
A : Factory.
Tax : PAY EXCISE DUTY!
7) Q : Do you have Office / Warehouse/ Factory?
Tax : PAY EXCISE DUTY!
7) Q : Do you have Office / Warehouse/ Factory?
A : Yes
Tax : PAY MUNICIPAL & FIRE TAX!
8) Q : Do you have Staff?
Tax : PAY MUNICIPAL & FIRE TAX!
8) Q : Do you have Staff?
A : Yes
Tax : PAY STAFF PROFESSIONAL TAX!
9) Q : Doing business in Millions?
Tax : PAY STAFF PROFESSIONAL TAX!
9) Q : Doing business in Millions?
A : Yes
Tax Q : PAY TURNOVER TAX?
A : No
Tax : Then pay Minimum Alternate Tax
10) Q : Are you taking out over 25,000 Cash from Bank?
Tax Q : PAY TURNOVER TAX?
A : No
Tax : Then pay Minimum Alternate Tax
10) Q : Are you taking out over 25,000 Cash from Bank?
A : Yes, for Salary.
Tax : PAY CASH HANDLING TAX!
Tax : PAY CASH HANDLING TAX!
11) Q : Where are you taking your client for Lunch & Dinner?
A : Hotel
Tax : PAY FOOD & ENTERTAINMENT TAX!
12) Q : Are you going Out of Station for Business?
Tax : PAY FOOD & ENTERTAINMENT TAX!
12) Q : Are you going Out of Station for Business?
A : Yes
Tax : PAY FRINGE BENEFIT TAX!
13) Q : Have you taken or given any Service/s?
A : Yes
Tax : PAY SERVICE TAX!
14) Q : How come you got such a Big Amount?
A : Gift on birthday.
Tax : PAY GIFT TAX!
15) Q : Do you have any Wealth?
A : Yes
Tax : PAY WEALTH TAX!
16) Q : To reduce Tension, for entertainment, where are you going?
A : Cinema or Resort.
Tax : PAY ENTERTAINMENT TAX!
17) Q : Have you purchased House?
A : Yes
Tax : PAY STAMP DUTY & REGISTRATION FEE !
18) Q : How you Travel?
A : Bus
Tax : PAY SURCHARGE!
19) Q : Any Additional Tax?
A : Yes
Tax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!!
20) Q : Delayed any time Paying Any Tax?
A : Yes
Tax : PAY INTEREST & PENALTY!
Tax : PAY FRINGE BENEFIT TAX!
13) Q : Have you taken or given any Service/s?
A : Yes
Tax : PAY SERVICE TAX!
14) Q : How come you got such a Big Amount?
A : Gift on birthday.
Tax : PAY GIFT TAX!
15) Q : Do you have any Wealth?
A : Yes
Tax : PAY WEALTH TAX!
16) Q : To reduce Tension, for entertainment, where are you going?
A : Cinema or Resort.
Tax : PAY ENTERTAINMENT TAX!
17) Q : Have you purchased House?
A : Yes
Tax : PAY STAMP DUTY & REGISTRATION FEE !
18) Q : How you Travel?
A : Bus
Tax : PAY SURCHARGE!
19) Q : Any Additional Tax?
A : Yes
Tax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!!
20) Q : Delayed any time Paying Any Tax?
A : Yes
Tax : PAY INTEREST & PENALTY!
21) Q : Do you own a Vehicle?
A : Yes
Tax: PAY ROAD TAX!
22) Q : Do you drive a Vehicle?
A : Yes
Tax: PAY TOLL TAX!
23) INDIAN : Can I die now??
Tax: WAIT WE ARE ABOUT TO LAUNCH THE FUNERAL TAX!!!
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