anyworld

Wednesday, February 20, 2008

TAX WOES

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/AbroadTax : 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 dividendTax : 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. : YesTax : PAY MUNICIPAL & FIRE TAX!

8) Qus. : Do you have Staff?
Ans. : YesTax : PAY STAFF PROFESSIONAL TAX!

9) Qus. : Doing business in Millions?
Ans. : YesTax : PAY TURNOVER TAX! Ans : NoTax : 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. : HotelTax : PAY FOOD & ENTERTAINMENT TAX!

12) Qus.: Are you going Out of Station for Business?
Ans. : YesTax : PAY FRINGE BENEFIT TAX!

13) Qus.: Have you taken or given any Service/s?
Ans. : YesTax : 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. : YesTax : 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. : YesTax : PAY STAMP DUTY & REGISTRATION FEE !

18) Qus.: How you Travel?
Ans. : BusTax : PAY SURCHARGE!

19) Qus.: Any Additional Tax?
Ans. : YesTax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!!

20) Qus.: Delayed any time Paying Any Tax?
Ans. : YesTax : PAY INTEREST & PENALTY!

21) INDIAN :: CAN I DIE NOW???
Ans :: WAIT!!!! We are about to launch the Funeral Tax!!!

0 Comments:

Post a Comment

<< Home