TAX STRUCTURE IN INDIA

?TAX STRUCTURE IN INDIA
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1) What r u doing ?
Ans. : Business

Tax : PAY PROFESSIONAL TAX!

? 2) What r u doing in Business?

Ans. : Selling the Goods.

Tax : PAY SALES TAX!

?3) From where r u getting Goods?

Ans. : From other Area / State / Abroad.

Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI AND NOW LBT & LPT!

? 4) What r u getting in Selling Goods?

Ans. : Profit

Tax : PAY INCOME TAX!

? How do you distribute profit ?

Ans. : By way of dividend

Tax : Pay DIVIDEND DISTRIBUTION TAX!

? 5) Where r u Manufacturing the Goods?

Ans. : Factory

Tax : PAY EXCISE DUTY!

? 6) Do u have Office / Warehouse / Factory?

Ans. : Yes

Tax : PAY MUNICIPAL & FIRE TAX!

?7) Do you have Staff?

Ans. : Yes

Tax : PAY STAFFS PROFESSIONAL TAX!

? 8) Doing Business in Millions?

Ans. : Yes

Tax : PAY TURNOVER TAX!

Ans. : No

Tax : Then pay MINIMUM ALTERNATE TAX (MAT)

? 9) R u taking out over 25,000 Cash from Bank?

Ans. : Yes, for Salary

Tax : PAY CASH HANDLING TAX!

? 10) Where r u lodging your client?

Ans. : Hotel

Tax : PAY LUXURY TAX!

?11) R u going Out of Station for Business?

Ans. : Yes

Tax : PAY FRINGE BENEFIT TAX!

?12) Hav u taken or given any Service/s?

Ans. : Yes

Tax : PAY SERVICE TAX!

? 13) How come u got such a Big Amount?

Ans. : Gift on Birthday

Tax : PAY GIFT TAX!

?

14) Do u have any Wealth?

Ans. : Yes

Tax : PAY WEALTH TAX!

? 15) To reduce tension, for entertainment, where are you going?

Ans. : Cinema or Resort

Tax : PAY ENTERTAINMENT TAX!

? 16) Hav u purchased House?

Ans. : Yes

Tax : PAY STAMP DUTY & REGISTRATION FEE!

?17) How do u Travel ?

Ans: Bus

Tax : PAY SURCHARGE!

?18) Any Additional Tax?

Ans. : Yes
Tax : PAY EDUCATION CESS, SECONDARY & HIGHER EDUCATION CESS & SURCHARGE ON ALL THE CENTRAL GOVT.

TAXES !!!

? 19) Delayed any time Paying Any Tax?

Ans. : Yes

Tax : PAY INTEREST & PENALTY!

?20) Do you want growth of India.?

Ans. : Of course, Yes

Tax : Then pay , WATER TAX, ROAD TAX, SWATCH BHARATH Cess, ETC. ETC.

? INDIAN : Can I die now?

Ans. : Wait we are about to launch the FUNERAL TAX!