TAX: INDIA And Its True But Funny Txing Structure

Born free Taxed to Death........

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!