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Thread: Tax Structure in India funny But True.

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    Tax Structure in India funny But True.

    Tax Structure in India funny But True.

    Question 1.. : What are you doing?
    Ans. : Business.
    Tax : PAY PROFESSIONAL TAX!

    Question 2 : What are you doing in Business?
    Ans. : Selling the Goods.
    Tax : PAY SALES TAX!

    Question 3 : From where are you getting Goods?
    Ans. : From other State/Abroad
    Tax : PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI

    Question 4 : What are you getting in Selling Goods?
    Ans. : Profit.
    Tax : PAY INCOME TAX!

    Question 5: How do you distribute profit ?
    Ans : By way of dividend
    Tax : PAY DIVIDEND DISTRIBUTION TAX

    Question 6 : Where you Manufacturing the Goods?
    Ans. : Factory...
    Tax : PAY EXCISE DUTY!

    Question 7 : Do you have Office / Warehouse / Factory?
    Ans. : Yes
    Tax : PAY MUNICIPAL & FIRE TAX!

    Question 8 : Do you have Staff?
    Ans. : Yes
    Tax : PAY STAFF PROFESSIONAL TAX!

    Question 9 : Doing business in Millions?
    Ans. : Yes -- Tax : PAY TURNOVER TAX!
    Ans : No -- Tax : Then pay Minimum Alternate Tax


     


    Question 10 : Are you taking out over 25,000 Cash from Bank?
    Ans. : Yes, for Salary.
    Tax : PAY CASH HANDLING TAX!

    Question 11 : Where are you taking your client for Lunch & Dinner?
    Ans. : Hotel
    Tax : PAY FOOD & ENTERTAINMENT TAX

    Question 12 : Are you going Out of Station for Business?
    Ans. : Yes
    Tax : PAY FRINGE BENEFIT TAX

    Question 13 : Have you taken or given any Services?
    Ans. : Yes
    Tax : PAY SERVICE TAX

    Question 14 : How come you got such a Big Amount?
    Ans. : Gift on birthday.
    Tax : PAY GIFT TAX

    Question 15.: Do you have any Wealth?
    Ans. : Yes
    Tax : PAY WEALTH TAX

    Question 16 : To reduce Tension, for entertainment, where are you going?
    Ans. : Cinema or Resort.
    Tax : PAY ENTERTAINMENT TAX

    Question 17 : Have you purchased House?
    Ans. : Yes
    Tax : PAY STAMP DUTY & REGISTRATION FEE

    Question 18 : How you Travel?
    Ans. : Bus
    Tax : PAY SURCHARGE

    Question 19.: Any Additional Tax?
    Ans. : Yes
    Tax : PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX

    Question 20: 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!



  2. #2
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    hahaahhahahahahahhaha.........

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