TAX STRUCTURE IN INDIA1) 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/Abroad Tax: PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI! 4) Qus. : What are you getting in Selling Goods? Ans.: Profit. Tax: PAY INCOME TAX! 5) Qus. : Where you Manufacturing the Goods? Ans.: Factory. Tax: PAY EXCISE DUTY! 6) Qus. : Do you have Office / Warehouse/ Factory?Ans.: Yes Tax: PAY MUNICIPAL & FIRE TAX! 7) Qus. : Do you have Staff? Ans.: Yes Tax: PAY STAFF PROFESSIONAL TAX! Qus. : Doing business in Millions? Ans.: Yes Tax: PAY TURNOVER TAX! 9) Qus. : Are you taking out over 25,000 Cash from Bank?Ans.: Yes, for Salary. Tax: PAY CASH HANDLING TAX! 10) Qus. : Where are you taking your client for Lunch & Dinner? Ans.: Hotel Tax: PAY FOOD & ENTERTAINMENT TAX! 11) Qus. : Are you going Out of Station for Business? Ans.: Yes Tax: PAY FRINGE BENEFIT TAX! 12) Qus. : Have you taken or given any Service/s? Ans.: Yes Tax : PAY SERVICE TAX! 13) Qus. : How come you got such a Big Amount? Ans.: Gift on birthday. Tax: PAY GIFT TAX! 14) Qus. : Do you have any Wealth? Ans.: Yes Tax: PAY WEALTH TAX! 15) Qus. : To reduce Tension, for entertainment, where are you going?Ans.: Cinema or Resort. Tax: PAY ENTERTAINMENT TAX! 16) Qus. : Have you purchased House? Ans.: Yes Tax : PAY STAMP DUTY & REGISTRATION FEE ! 17) Qus. : How you Travel? Ans.: Bus Tax: PAY SURCHARGE! 1 Qus. : Any Additional Tax? Ans.: Yes Tax: PAY EDUCATIONAL, ADDITIONAL EDUCATIONAL & SURCHARGE ON ALL THE CENTRAL GOVT.'s TAX !!! 19) Qus. : Delayed any time Paying Any Tax? Ans.: Yes Tax: PAY INTEREST & PENALTYThanks,Payal
#2 (permalink)
29-10-2007, 12:10 PM

hanuma
Join Date: Jul 2007
Location: BAPATLA
Posts: 1,755
Re: TAX STRUCTURE IN INDIA!!!!
nice payal...What is the tax , we have to pay for reading this??

#3 (permalink)
29-10-2007, 12:14 PM

Payal Gade
Join Date: Jun 2007
Location: Cairo
Posts: 184
Re: TAX STRUCTURE IN INDIA!!!!
Need to consulate with TAX department, and as you know that government employees are so busy that they will take time till we all will die by waiting to know the the amt we have to pay to read. ThanksPayal

#4 (permalink)
29-10-2007, 12:16 PM

hanuma
Join Date: Jul 2007
Location: BAPATLA
Posts: 1,755
Re: TAX STRUCTURE IN INDIA!!!!
payal , so you say that we need not pay any tax till we ae alive as our govt workers are too generous for preparing bills

#5 (permalink)
29-10-2007, 02:58 PM

navrozpanjwani
Join Date: Feb 2007
Location: Mumbai
Posts: 224
Re: TAX STRUCTURE IN INDIA!!!!
Hi Payal,good post - funny as well as informative.Hi Hanuma,We need to pay tax even after the death too.....(giving the same to Doctors certificate - Municipal certificate etc) Thanks and Regards,NavrozOne thing that cannot be recycled is wasted Time"

#6 (permalink)
29-10-2007, 02:59 PM

hanuma
Join Date: Jul 2007
Location: BAPATLA
Posts: 1,755
Re: TAX STRUCTURE IN INDIA!!!!
Navroz,i think after death, our sons and daughters are the ones who are going to pay the taxes for them..


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