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/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 are 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!
8) 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 do you Travel? Ans.: Bus Tax: PAY SURCHARGE!
18) 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 & PENALTY
Thanks,
Payal
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/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 are 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!
8) 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 do you Travel? Ans.: Bus Tax: PAY SURCHARGE!
18) 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 & PENALTY
Thanks,
Payal