TAX STRUCTURE IN INDIA
Great One, you forgot ESI, EPF, Service Tax on Transport (delivery charges on purchase/sale) and CESS on various Tax Structure and Duties. Attached is something similar to this.
On 9/7/07, Rupesh Rane wrote: > > > 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 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! > > 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! > > > > > > > > > > > > —————————— > Be a better Globetrotter. Get better travel answers > from > someone who knows. > Yahoo! Answers - Check it out. > > >



