TAX STRUCTURE IN INDIA: 1) What r u doing? Ans : Business Tax - TopicsExpress



          

TAX STRUCTURE IN INDIA: 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 !! 5) How do you distribute profit? Ans : By way of dividend Tax : Pay DIVIDEND DISTRIBUTION TAX !! 6) Where u Manufacturing the Goods? Ans : Factory Tax : PAY EXCISE DUTY !! 7) Do u have Office/Warehouse/Factory? Ans : Yes Tax : PAY MUNICIPAL & FIRE TAX !! 8) Do you have Staff? Ans : Yes Tax : PAY STAFFS PROFESSIONAL TAX !! 9) Doing business in Millions? Ans : Yes Tax : PAY TURNOVER TAX !! Ans : No Tax : Then pay Minimum Alternate Tax (MAT) !! 19) Are u taking out over 25,000 Cash from Bank? Ans : Yes, for Salary. Tax : PAY CASH HANDLING TAX !! 11) Where r u taking your client for Lunch & Dinner? Ans : Hotel Tax : PAY FOOD & ENTERTAINMENT TAX !! 12) Are u going Out of Station for Business? Ans : Yes Tax : PAY FRINGE BENEFIT TAX !! 13) Have u taken or given any Service/s? Ans : Yes Tax : PAY SERVICE TAX !! 14) How come u got such a Big Amount? Ans : Gift on birthday Tax : PAY GIFT TAX !! 15) Do u have any Wealth? Ans : Yes Tax : PAY WEALTH TAX !! 16) To reduce Tension, for entertainment, where are you going? Ans : Cinema or Resort Tax : PAY ENTERTAINMENT TAX !! 17) Have u purchased House? Ans : Yes Tax : PAY STAMP DUTY & REGISTRATION FEE !! 18) How u Travel? Ans : Bus Tax : PAY SURCHARGE !! 19) Any Additional Tax? Ans : Yes Tax : PAY EDUCATIONAL ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVTS TAX !! 20) Delayed any time Paying Any Tax? Ans : Yes Tax : PAY INTEREST & PENALTY !! 21) Do you want growth of India? Ans : offcourse Yes. Tax : Pay electricity tax, water tax, education tax, & other taxes, which is used by defulter people !! 22) INDIAN : Can I Die Now? Ans : Wait we are about to launch the FUNERAL TAX. . . . How Indian can grow now???? . Share if u agree!!
Posted on: Mon, 22 Dec 2014 08:58:48 +0000

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