Thursday, 7 December 2017

[www.keralites.net] TAX STRUCTURE IN INDIA

 

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. : How do you distribute profit? 
Ans : By way of dividend 
Tax : Pay dividend distribution Tax
6) Qus. : Where you Manufacturing the Goods? 
Ans. : Factory. 
Tax : PAY EXCISE DUTY!
7) Qus. : Do you have Office / Warehouse/ Factory? 
Ans. : Yes 
Tax : PAY MUNICIPAL & FIRE TAX!
8) Qus. : Do you have Staff? 
Ans. : Yes 
Tax : PAY STAFF PROFESSIONAL TAX!
9) Qus. : Doing business in Millions? 
Ans. : Yes 
Tax : PAY TURNOVER TAX! 
Ans : No 
Tax : Then pay Minimum Alternate Tax
10) Qus. : Are you taking out over 25,000 Cash from Bank? 
Ans. : Yes, for Salary. 
Tax : PAY CASH HANDLING TAX!
11) Qus.: Where are you taking your client for Lunch & Dinner? 
Ans. : Hotel 
Tax : PAY FOOD & ENTERTAINMENT TAX!
12) Qus.: Are you going Out of Station for Business?
Ans. : Yes 
Tax : PAY FRINGE BENEFIT TAX!
13) Qus.: Have you taken or given any Service/s? 
Ans. : Yes 
Tax : PAY SERVICE TAX!
14) Qus.: How come you got such a Big Amount? 
Ans.. : Gift on birthday. 
Tax : PAY GIFT TAX!
15) Qus.: Do you have any Wealth? 
Ans. : Yes 
Tax : PAY WEALTH TAX!
16) Qus.: To reduce Tension, for entertainment, where are you going? 
Ans. : Cinema or Resort. 
Tax : PAY ENTERTAINMENT TAX!
17) Qus.: Have you purchased House? 
Ans. : Yes 
Tax : PAY STAMP DUTY & REGISTRATION FEE !
18) Qus.: How you Travel? 
Ans. : Bus 
Tax : PAY SURCHARGE!
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) INDIAN :: can i die now?? 
Ans :: wait we are about to launch the funeral tax!!!
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HOME REMEDY IN INDIA
 MANGALORE.INDIA
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