FUNNY TAX STRUCTURE IN INDIA

TAX STRUCTURE IN INDIA

1. What are you doing?
ans :- Business
TAX :- PAY PROFESSIONAL TAX!!!!

2. What are you doing in business?
ans :- Selling goods
TAX :- PAY SALES TAX!!!!

3. From where are you gettin goods?
ans :- From other state/ abroad
TAX :- PAY CENTRAL SALES TAX, CUSTOM DUTY & OCTROI !!!!

4. What are you getting in selling goods?
ans :- profit
TAX :- PAY INCOME TAX !!!!

5. How do you distribue profit?
ans :- By way of dividend
TAX :- PAY DIVIDEND DISTRIBUTION TAX !!!!

6. Where are you manufacturing the goods?
ans :- Factory
TAX :- PAY EXCISE DUTY !!!!

7. Do you have office / warehouse / factory?
ans :- Yes
TAX :- PAY MUNICIPAL AND FIRE TAX !!!!

8. Do you have staff?
ans :- yes
TAX :- PAY STAFF PROFESSIONAL TAX !!!!

9. Doing business in millions?
ans :- yes
TAX :- PAY TURNOVER TAX
ans :- no
TAX :- PAY ALTERNATE MINIMUM TAX !!!!

10. Are you taking out over rs 25000 cash from bank?
ans :- yes, for salary
TAX :- PAY CASH HANDLING TAX !!!!

11. Where are you taking your client out for lunch or dinner?
ans :- Hotel
TAX :- PAY FOOD AND ENTERTAINMENT TAX !!!!

12. Are you going out of station for business?
ans :- yes
TAX :- PAY FRINGE BENEFIT TAX !!!!

13. Have you taken or given any service?
ans :- Yes
TAX :- PAY SERVICE TAX !!!!

14. How come you got such a big amount?
ans :- Gift on birthday
TAX :- PAY GIFT TAX !!!!

15. Do you have any wealth?
ans :- Yes
TAX :- PAY WEALTH TAX !!!!

16. For timepass where are you going?
ans :- Cinema or resort
TAX :- PAY ENTERTAINMENT TAX !!!!

17. Have you purchased house?
ans :- Yes
TAX :- PAY STAMP DUTY & REGISTRATION FEES !!!!

18. How do you travel?
ans : Bus
TAX :- PAY SURCHARGE !!!!

I sometimes feel that we earn less and pay tax more 🙁